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Centrelink, 77 Paterson Street, TENNANT CREEK, NT, 0860

2. Property Highlights

High Yield Centrelink Investment
  • 9% Return Anticipated
  • Just renewed 3-year lease
  • The only Centrelink for 500km radius

Just renewed 3-year lease to 2026

Plus option to 2029

Centrelink (and Medicare), a vital public service & an agency of the Australian Government

Leased to the Australian Government

The only Centrelink in a 500 km radius

Tennant Creek, historic town with gold, copper, magnesium & cattle

Modern, 378 sqm air-conditioned building constructed in 2004

Valuable depreciation benefits still available

1,010 sqm land holding in a strategic location on Stuart Highway

Easily managed single tenant investment

Annual 3% rent increases

Estimated net income p.a. $130,353 excl GST (as at April 2023)

For Sale by Auction

Tuesday, 7 March 2023

10:30am AEDT

Auctionworks, 50 Margaret Street, Sydney NSW

In-person and online bidding available

Remember to mention you found this property on CommercialReady

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3. Property Location

Centrelink, 77 Paterson Street, TENNANT CREEK, NT, 0860

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4. Due Diligence

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Centrelink, 77 Paterson Street, TENNANT CREEK, NT, 0860 Tennant Creek
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