NRMA, 71 Kinghorne Street,
Nowra, NSW 2541
Shops & Retail • Offices
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
NRMA, 71 Kinghorne Street
Nowra, NSW 2541
Map of NRMA, 71 Kinghorne Street
Busy NRMA Branch in Thriving South Coast City Centre
- New 5 Year Lease to NRMA Branded Agency
- NRMA Agency: 5% annual Increases
- Net Income: $111,987 pa* + GST
Burgess Rawson is pleased to offer to the market, 71 Kinghorne Street, Nowra NSW 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
+ Flagship freehold in Nowra city centre boasting of NRMA & Massage tenancy
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Beachfront Thai Massage: renewed lease to 2026
+ Nowra: important administrative, commercial, and retail centre for the NSW South Coast
+ Long established NRMA agency since 2008
+ Immaculate NRMA fit-out
+ Net Income: $111,987 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
+ Flagship freehold in Nowra city centre boasting of NRMA & Massage tenancy
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Beachfront Thai Massage: renewed lease to 2026
+ Nowra: important administrative, commercial, and retail centre for the NSW South Coast
+ Long established NRMA agency since 2008
+ Immaculate NRMA fit-out
+ Net Income: $111,987 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: 504299680Last Updated: 7 Feb 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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