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Burgess Rawson - Sydney

42 Morilla Street Lightning Ridge, NSW 2834

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42 Morilla Street,
Lightning Ridge, NSW 2834

Shop & Retail • Offices • Medical & Consulting

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Burgess Rawson - Sydney
Darren Beehag

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
04112262...
Burgess Rawson - Sydney
42 Morilla Street
Lightning Ridge, NSW 2834

Map of 42 Morilla Street

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The Only Bank in Lightning Ridge

  • Renewed Lease to Westpac
  • Monopoly market position
  • 100 box safe deposit facility
5 year lease from January 2020 + 5 year option
+ Important: the most secure in Lightning Ridge
+ Prime 1,103 sqm block of land in the centre of town
+ Lightning Ridge: the world’s major source of black opals
+ Rare 3% annual rent increases (net income $87,114 in 2024)
+ Easily managed premium tenant investment
Net Income: $77,400 pa + GST

Auction Rescheduled
Tuesday 11 August 10.30 am
@ Auctionworks, 50 Margaret Street
Via registered bidding or telephone bidding

Property ID: 503594806Last Updated: 23 May 2022

Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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