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Colliers - Sydney

2-14 Swift Street Wellington, NSW 2820

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2-14 Swift Street,
Wellington, NSW 2820

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Colliers - Sydney
Harry Bui

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
04184778...
Colliers - Sydney
2-14 Swift Street
Wellington, NSW 2820

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NAB Wellington – Affordable and High yielding investment

  • Long term leased to NAB
  • Anticipated yield 7%+
  • Prime corner position
Colliers is pleased to offer to the market a high yielding investment located in the retail strips within the main town centre of Wellington at the major intersection of Mitchell Highway, Percy Street and Swift Street. Wellington is approximately 354 kilometres north west of Sydney.

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

Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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