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CBRE - South Australia (RLA 208125)
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26 Murray Street Nuriootpa, SA 5355

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26 Murray Street
Nuriootpa, SA 5355

Shop & Retail
Sold Price

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Land area

719.0m²

Floor area

366.0m²

Tenure type

Tenanted Investment

Sold on

12 Sep 2019

THE HEART OF THE TOWN

  • New 3-year lease to ASX listed tenant
  • Net return of $95,402 pa*
  • Secure rear car parking for 7* vehicles
Recently leased to ASX listed Westpac (trading as BankSA) this is a chance to purchase a secure leased investment in the heart of the Nuriootpa Township, which is the major commercial centre inside the Barossa Valley. With over 18m* of prime frontage on the main retail and commercial street, this property gives investors a long-term strategic land banking opportunity as well as a fantastic current investment. The new lease commenced October 2018 on a 3-year term with two additional 3-year options, providing the purchaser with comfort in the investment. Currently the property is returning an attractive $95,402 pa* with annual CPI increases and the tenant pays all outgoings including land tax, meaning this is truly an investment to sit and forget.

- New 3-year lease to ASX listed tenant
- Net return of $95,402 pa*
- 366sqm of well-maintained office space
- Significant main street site of 719sqm*
- Secure rear car parking for 7* vehicles
- Zoned District Town Centre inside The Barossa Council
- Located in the centre of the regional town of Nuriootpa

For Sale by public onsite Auction on Thursday 12th of September at 11:00am


For further information please contact exclusive marketing agents CBRE:

Ned Looker - 0448 689 573
Rhyce Scott - 0422 960 585
Harry Einarson – 0421 747 442

RLA 208125 *approximately

Property ID: 503296206Last Updated: 13 Nov 2019

CBRE - South Australia (RLA 208125)
26 Murray Street
Nuriootpa, SA 5355
Ned Looker
Rhyce Scott
Harry Einarson

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000

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CBRE - South Australia (RLA 208125)

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CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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Ned Looker

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Ned Looker
CBRE - South Australia (RLA 208125)
26 Murray Street Nuriootpa, SA 5355

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

Kind Regards,

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  • Ned Looker

    Ned Looker

    CBRE - South Australia (RLA 208125)
    +61 *** ***
  • Rhyce Scott

    Rhyce Scott

    CBRE - South Australia (RLA 208125)
    +61 *** ***
  • Harry Einarson

    Harry Einarson

    CBRE - South Australia (RLA 208125)
    +614 *** ***