88 Junction Street Nowra NSW 2541

Burgess Rawson is pleased to offer to the market Cotton On, 88 Junction Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 163.

This investment has the following key investment highlights:

+ Renewed lease to 2026 plus options to 2032 (tenant in occupancy for 13+ years)
+ Cotton On Group: global fashion icon with a 32+ year history and over 1,500 stores in 22 countries. Revenues estimated in excess of $1.5 billion*
+ Compounding fixed 3% annual rent increases ensuring long term rental growth
+ Extensive tenant CapEx and investment into the property
+ Versatile 411sqm* freehold landholding accompanied by a 479sqm* building across two levels
+ Strategically located in Nowra's CBD across form Chemist Warehouse and close to ALDI, Woolworths, Coles and Nowra Mall, Junction Street is positioned off the Princes Highway, which experiences 74,000+* vehicles passing daily
+ Nowra: sought after NSW South Coast location with a greater population of 34,000+* people, 160km south of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936* people by 2051
+ Net Income: $167,429 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 12 September 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information
*Approx