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

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

Tennant Creek

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

Tennant Creek

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

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

Properties / Sold / Northern Territory / Tennant Creek
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
1,010 m² (*approx)
Floor Area
378 m² (*approx)
Property Type
Offices, Health/Medical, Retail
Sub-type
Office Suites, Mixed Use, Consulting Rooms
Terms
Just renewed 3-year lease to 2026
Est. Income
$130,353 p/a
Fully Leased
Centrelink
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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

Read More
Tenanted Investment
Tenanted Investment

77 Paterson Street Investment Summary

Property Type
Offices, Health/Medical, Retail
Sub-type
Office Suites, Mixed Use, Consulting Rooms
Est. Income
$130,353 p/a
Tenant
Centrelink
Terms
Just renewed 3-year lease to 2026
Land Area
1,010 m² (*approx)
Floor Area
378 m² (*approx)
Selling Method
Auction
Auction Date
7 Mar 2023 10:30AM
Selling Details
Contact Agent

Investment 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

Read More
Tenanted Investment

Property Location of Centrelink, 77 Paterson Street, TENNANT CREEK, NT, 0860

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