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Lot 4, 75-77 Clarence Street Port Macquarie, NSW 2444

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For Sale - Expression of Interest

Lot 4, 75-77 Clarence Street Port Macquarie, NSW 2444

Offices • Medical & Consulting
Sale Price

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Land area

211.0m²

Floor area

185.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Rare Affordable NSW Government Leased Investment

  • EPA (NSW Government) tenant
  • Significant recent upgrade
  • Net 5 year lease
For Sale By DPT - Indicative Price $1.25M Yield 6% - Closing 4pm 16 May 2019

Secure 5 year lease to 2021 + option to 2026
Government tenant: Environment Protection Agency (EPA)
Waterside location in the heart of Port Macquarie
Port Macquarie, established coastal City undergoing rapid growth
Population forecast to soar by over 24% to 103,993 by 2036
Modern building recently constructed in 2007
Large & bright 185 sqm office with brilliant water views
2 valuable basement car parks on title
Guaranteed rental growth, fixed 2.5% annual rental increases
Net lease, tenant pays outgoings, as per the lease
Strong tenant commitment, significant tenant upgrade in 2019
Easily managed, Government tenant investment
Net Income: $75,382 pa + GST

Property ID: 503165930Last Updated: 14 Jul 2019

0451 *** ***
Lot 4, 75-77 Clarence Street
Port Macquarie, NSW 2444

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Email enquiry

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Rhys Parker
Burgess Rawson - Sydney
Lot 4, 75-77 Clarence Street Port Macquarie, NSW 2444

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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