DESCRIPTION​

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​38 Wingecarribee Street, Bowral delivers the astute investor a unique opportunity to secure an asset with a long-standing tenancy delivering strong rental returns courtesy of Australia’s most prized tenant – The Australian Federal Government, together with significant fixed annual rental growth.

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Then property provides an exceptional opportunity to secure an outstanding property in the heart of Bowral.

 

INVESTMENT HIGHLIGHTS

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• Occupied by Centrelink – Australia’s no.1 tenant secured by the Australian Federal Government.

• Exceptional position in the heart of Bowral CBD

• Large car parking capacity courtesy of public car parking directly opposite

• Recent $900k interior fit-out upgrade paid by tenant 

• Additional mezzanine space at rear of property ideal for additional tenancy income

• NLA 781.0 sqm + 10 underground staff car parking spaces

• Fixed 5% annual increases (including options)

• Net Income $440,709 pa + GST

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For further details of this outstanding property, contact Next Commercial's dedicated sales agent: