166-170 Russell Street,
Bathurst, NSW 2795
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
166-170 Russell Street
Bathurst, NSW 2795
Map of 166-170 Russell Street
Federal Government Anchored Investment
- Renewed 3 Year Lease to 2025
- Large 2,159sqm* CBD Land Holding
- Attractive 3.5% Annual Rent Increases
Burgess Rawson and Raine & Horne (Bathurst) are delighted to offer to the market, this Centrelink anchored property on a renewed 3 year lease to 2025 located in the heart of the Bathurst CBD.
+ Renewed 3 year lease to the Commonwealth of Australia to 2025, plus a further 3 year option
+ Only Centrelink within a 55km radius
+ Centrelink: Essential service Federal Govt welfare department
+ Fixed 3.5% annual rent increases, assuring future rental growth.
+ Large 2,159sqm* landholding situated in the heart of the CBD
+ 4.5 star NABERS rating
+ Modern 1,053* sqm building with 21 valuable on-title car spaces and 41 meters* of frontage to Russell Street.
+ Immaculately presented Government anchored building, constructed in 2012, providing significant depreciation tax benefits.
+ Strategic CBD location, positioned amongst key national retailers including; Dan Murphy's, Coles, Woolworths, ALDI. McDonald's, Goodyear Autocare and KFC all within 500m***
+ Easily managed “set and forget” premium investment with 85% of the income secured by the Federal Government
+ Bathurst: largest regional centre of the Central West servicing population of 180,000+ people
+ Total Net Rent: $359,873* pa + GST
To be Sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21st February
Sydney Opera House, Yallamundi Rooms
*approx
**forcast id.
***gap maps
+ Renewed 3 year lease to the Commonwealth of Australia to 2025, plus a further 3 year option
+ Only Centrelink within a 55km radius
+ Centrelink: Essential service Federal Govt welfare department
+ Fixed 3.5% annual rent increases, assuring future rental growth.
+ Large 2,159sqm* landholding situated in the heart of the CBD
+ 4.5 star NABERS rating
+ Modern 1,053* sqm building with 21 valuable on-title car spaces and 41 meters* of frontage to Russell Street.
+ Immaculately presented Government anchored building, constructed in 2012, providing significant depreciation tax benefits.
+ Strategic CBD location, positioned amongst key national retailers including; Dan Murphy's, Coles, Woolworths, ALDI. McDonald's, Goodyear Autocare and KFC all within 500m***
+ Easily managed “set and forget” premium investment with 85% of the income secured by the Federal Government
+ Bathurst: largest regional centre of the Central West servicing population of 180,000+ people
+ Total Net Rent: $359,873* pa + GST
To be Sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21st February
Sydney Opera House, Yallamundi Rooms
*approx
**forcast id.
***gap maps
Property ID: 504198608Last Updated: 7 Feb 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Raine & Horne - Bathurst197 Howick Street
BATHURST, NSW 2795
BATHURST, NSW 2795
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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