Watch Watch
All Videos
Back
/
Images
Close
2/159 Argyle Street, PICTON, NSW, 2571
×
Sold Check
+6 Photos
2/159 Argyle Street, PICTON, NSW, 2571

2. Property Highlights

Established NRMA in Tightly Held Retail Epicentre
  • New 5 Year Lease to NRMA Branded Agency
  • Attractive 5% Annual Rent Increases
  • Prime CBD Main Street Position

Burgess Rawson is pleased to offer to the market, 2/159 Argyle Street, Picton NSW 2571 for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037

+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth

+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually

+ Absolute prime CBD epicentre location, rapid growth area south-west of Sydney

+ Long established NRMA agency since 2007

+ Easily managed single tenant investment

+ Immaculate NRMA fit-out

+ Net Income: $50,825 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 9 May 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Darren Beehag
Darren Beehag
+61 *** *** *** show +61 411 226 223
Rhys Parker
Rhys Parker
+61 *** *** *** show +61 451 101 042

3. Property Location

2/159 Argyle Street, PICTON, NSW, 2571

Property Map
Street View
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
2/159 Argyle Street, PICTON, NSW, 2571 Picton
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
Darren Beehag
Darren Beehag
+61 *** *** *** show +61 411 226 223
Rhys Parker
Rhys Parker
+61 *** *** *** show +61 451 101 042
calculator-icon Yield Calculator
calcultor-icon Yield Calculator