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166-170 Russell Street, BATHURST, NSW, 2795

2. Property Highlights

Federal Government Anchored Investment
  • Renewed 3 Year Lease to 2025
  • Large 2,159sqm* CBD Land Holding
  • Attractive 3.5% Annual Rent Increases

Burgess Rawson and Raine & Horne (Bathurst) are delighted to offer to the market, this Centrelink anchored property on a renewed 3 year lease to 2025 located in the heart of the Bathurst CBD.

+ Renewed 3 year lease to the Commonwealth of Australia to 2025, plus a further 3 year option

+ Only Centrelink within a 55km radius

+ Centrelink: Essential service Federal Govt welfare department

+ Fixed 3.5% annual rent increases, assuring future rental growth.

+ Large 2,159sqm* landholding situated in the heart of the CBD

+ 4.5 star NABERS rating

+ Modern 1,053* sqm building with 21 valuable on-title car spaces and 41 meters* of frontage to Russell Street.

+ Immaculately presented Government anchored building, constructed in 2012, providing significant depreciation tax benefits.

+ Strategic CBD location, positioned amongst key national retailers including; Dan Murphy's, Coles, Woolworths, ALDI. McDonald's, Goodyear Autocare and KFC all within 500m***

+ Easily managed “set and forget” premium investment with 85% of the income secured by the Federal Government

+ Bathurst: largest regional centre of the Central West servicing population of 180,000+ people

+ Total Net Rent: $359,873* pa + GST

To be Sold by Investment Portfolio Auction

10:30am AEDT Tuesday 21st February

Sydney Opera House, Yallamundi Rooms

*approx

**forcast id.

***gap maps

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3. Property Location

166-170 Russell Street, BATHURST, NSW, 2795

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4. Due Diligence

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166-170 Russell Street, BATHURST, NSW, 2795 Bathurst
Burgess Rawson - Sydney
Burgess Rawson - Sydney
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