Leased to Property and Development NSW on behalf of the Department of Communities and Justice, this is a straightforward government-tenanted investment with a freshly executed 5-year lease and no outgoings exposure with a
Net rent of $282,669 per annum plus GST.
This office services child protection, housing, justice and community programs across the Port Stephens LGA. Government tenants of this type do not relocate without a formal procurement process - the practical tenure of this occupancy extends well beyond the face of the lease.
For an investor looking for a clean hold - government income, fixed escalations, full outgoings recovery, and a tenant that pays - this is it.
Please contact Steven or Nathan for more information.
Remember to mention you found this property on CommercialReady
Leased to Property and Development NSW on behalf of the Department of Communities and Justice, this is a straightforward government-tenanted investment with a freshly executed 5-year lease and no outgoings exposure with a
Net rent of $282,669 per annum plus GST.
This office services child protection, housing, justice and community programs across the Port Stephens LGA. Government tenants of this type do not relocate without a formal procurement process - the practical tenure of this occupancy extends well beyond the face of the lease.
For an investor looking for a clean hold - government income, fixed escalations, full outgoings recovery, and a tenant that pays - this is it.
Please contact Steven or Nathan for more information.
Remember to mention you found this property on CommercialReady
29 Port Stephens Street, Raymond Terrace, NSW, 2324
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis