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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

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3. Property Location

2/159 Argyle Street, PICTON, NSW, 2571

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4. Due Diligence

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2/159 Argyle Street, PICTON, NSW, 2571 Picton
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