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166-170 Russell Street, BATHURST, NSW, 2795

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166-170 Russell Street, BATHURST, NSW, 2795

Bathurst

SOLD
166-170 Russell Street, BATHURST, NSW, 2795

166-170 Russell Street, BATHURST, NSW, 2795

Properties / Sold / New South Wales / Bathurst
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
2,159 m² (*approx)
Floor Area
1053 m² (*approx)
Property Type
Offices, Other
Sub-type
Whole Building
Terms
Renewed 3 Year Lease to 2025
Est. Income
$359,873 p/a
Show All
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

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

166-170 Russell Street Investment Summary

Property Type
Offices, Other
Sub-type
Whole Building
Est. Income
$359,873 p/a
Terms
Renewed 3 Year Lease to 2025
Land Area
2,159 m² (*approx)
Floor Area
1053 m² (*approx)
Selling Method
Auction
Auction Date
21 Feb 2023 10:30AM
Selling Details
Contact Agent

Investment 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

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of 166-170 Russell Street, BATHURST, NSW, 2795

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Bathurst Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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166-170 Russell Street, BATHURST, NSW, 2795

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166-170 Russell Street, BATHURST, NSW, 2795 Bathurst
CBRE - NSW
CBRE - NSW
Level 21, 363 George Street, Sydney NSW 2000, Australia
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