NRMA, 2/159 Argyle Street,
Picton, NSW 2571
Shops & Retail • Offices • Showrooms & Large Format Retail
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
NRMA, 2/159 Argyle Street
Picton, NSW 2571
Map of NRMA, 2/159 Argyle Street
Established NRMA in Tightly Held Retail Epicentre
- New 5 Year Lease to NRMA Branded Agency
- Attractive 5% Annual Rent Increases
- Prime CBD Main Street Position
Burgess Rawson is pleased to offer to the market, 2/159 Argyle Street, Picton NSW 2571 for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Absolute prime CBD epicentre location, rapid growth area south-west of Sydney
+ Long established NRMA agency since 2007
+ Easily managed single tenant investment
+ Immaculate NRMA fit-out
+ Net Income: $50,825 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
This opportunity has the following key investment highlights:
+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Absolute prime CBD epicentre location, rapid growth area south-west of Sydney
+ Long established NRMA agency since 2007
+ Easily managed single tenant investment
+ Immaculate NRMA fit-out
+ Net Income: $50,825 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Property ID: 504299688Last Updated: 7 Feb 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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