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31 Hinkler Avenue, RUTHERFORD, NSW, 2320

+3 Photos

+5 Photos

SOLD

31 Hinkler Avenue, RUTHERFORD, NSW, 2320

Properties / Sold / New South Wales / Rutherford

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

2,203 m² (*approx)

Floor Area

1 m² (*approx)

Property Type

Other, Industrial

Sub-type

Office/Warehouse

Terms

New 5 year lease to August 2027 + options to 2037

Est. Income

$100,000 p/a

Fully Leased

Just Like Fish Swim School

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2. Property Highlights

New 5 Year Lease Investment

Net Lease, Annual CPI Rental Reviews
Privately owned & operated swim school
Rapid expanding suburb of Maitland

Burgess Rawson is pleased to offer to the market 31 Hinkler Avenue, Rutherford for sale via our Auction Investment Portfolio 158.

+ New 5 year lease to August 2027 + options to 2037

+ Just Like Fish Swim School: privately owned & operated swim school

+ Providers of swim lessons for babies up to junior squad and school level swimmers

+ Maitland: a vibrant, regional city located in the Hunter Valley, a short drive from Newcastle

+ Maitland offers superb liveability and boasts a strong local economy

+ Rutherford, a rapidly expanding suburb of Maitland, Rutherford is a thriving hub of industrial estates, shopping centres and community & sporting facilities

+ Commanding 2,201 sqm freehold site in vibrant industrial precinct

+ Impressive facility constructed around 2010 with ample onsite parking

+ Annual CPI rental reviews

+ Net lease, tenant pays outgoings (including management fees), as per the lease

+ Security: bank guarantee & directors guarantees

+ Significant depreciation benefits

+ Net Income: $100,000 pa* + GST

To be sold by Investment Portfolio Auction

10:30am (AEDT) Tuesday 21 February 2023

Yallamundi Rooms, Sydney Opera House

*approx.

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