2-14 Swift Street,
Wellington, NSW 2820
Key property information
Map of 2-14 Swift Street
NAB Wellington – Affordable and High yielding investment
- Long term leased to NAB
- Anticipated yield 7%+
- Prime corner position
2 Swift Street is surrounded by recognised retail businesses such as Coles and Woolworths Supermarkets, McDonald’s as well as other local established retailers, hotels and local clubs, etc
The property was formerly known as the Commercial Banking Company (CBC) building was built in the 19th century and was subsequently changed to National Bank of Australia in 1982. The Wellington branch is one of the very first buildings was built for the bank to occupy with other locations such as Armidale, Bega, Dubbo, Berrima, Kiama.
The ground floor is currently leased to NAB for 3 years from 14 January 2019 to 13 January 2022. There is a firs floor 5 bedroom residence is currently for lease for $260 per week.
Estimate total net income: $41,798.91 per annum. Outgoings: $7,603.49 per annum
The property is for sale by Public Auction on Thursday 25 March 2021 at 10:30am at level 5, 1 Margaret Street, Sydney. Online bidding can be arranged upon request.
For further information, please contact Harry Bui on 0418 477 8....
Property ID: 503765826Last Updated: 24 May 2021