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2/159 Argyle Street
Picton NSW 2571
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Sold on 9 May 2023

2/159 Argyle Street Picton NSW 2571

  • Shop & Retail
  • 107 m²
  • Sold

Established NRMA in Tightly Held Retail Epicentre

    Burgess Rawson is pleased to offer to the market, 2/159 Argyle Street, Picton NSW 2571 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
    + NRMA: iconic insurance provider servicing over 2.6 million Australians annually
    + Absolute prime CBD epicentre location, rapid growth area south-west of Sydney
    + Long established NRMA agency since 2007
    + Easily managed single tenant investment
    + Immaculate NRMA fit-out
    + Net Income: $50,825 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.

    AUCTION

    Auction date and time09/05/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold9 May 2023
    Floor Area107 m²
    Land Area107 m²
    ParkingAsk Agent
    Property ID2018473603
    Category
    Last updated  10 May 2023
    Map for 2/159 Argyle Street Picton NSW 2571

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    Property Highlights

    Date Sold9 May 2023
    Floor Area107 m²
    Land Area107 m²
    ParkingAsk Agent
    Property ID2018473603
    Category
    Last updated  10 May 2023

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191

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