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71 Kinghorne Street, NOWRA, NSW, 2541
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71 Kinghorne Street, NOWRA, NSW, 2541

2. Property Highlights

Busy NRMA Branch in Thriving South Coast City Centre
  • New 5 Year Lease to NRMA Branded Agency
  • NRMA Agency: 5% annual Increases
  • Net Income: $111,987 pa* + GST

Burgess Rawson is pleased to offer to the market, 71 Kinghorne Street, Nowra NSW 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

+ Flagship freehold in Nowra city centre boasting of NRMA & Massage tenancy

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

+ Beachfront Thai Massage: renewed lease to 2026

+ Nowra: important administrative, commercial, and retail centre for the NSW South Coast

+ Long established NRMA agency since 2008

+ Immaculate NRMA fit-out

+ Net Income: $111,987 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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Darren Beehag
Darren Beehag
+61 *** *** *** show +61 411 226 223
Rhys Parker
Rhys Parker
+61 *** *** *** show +61 451 101 042

3. Property Location

71 Kinghorne Street, NOWRA, NSW, 2541

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4. Due Diligence

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71 Kinghorne Street, NOWRA, NSW, 2541 Nowra
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
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