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34 Kendal Street
Cowra NSW 2794
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Sold on 8 May 2023

34 Kendal Street Cowra NSW 2794

  • Shop & Retail
  • 330 m²
  • Sold

Rare Entry Level Westpac/St George Investment

    Burgess Rawson is pleased to offer to market the Westpac located at 34 Kendal Street, Cowra NSW for sale via our Investment Portfolio Auction 160.

    The investment has the following key investment highlights:

    + Five (5) year lease to August 2025 plus options to 2031
    + Landlord-favourable net lease terms with tenant responsible for all usual outgoings including land tax^
    + Fixed compounding 3% annual rental increases, ensuring income growth
    + Westpac: Top 5 ASX company (ASX: WBC) serving 12.7 million customers and a market cap of $75.5 billion**
    + Long established two level bank branch featuring immaculate modern fitout, ATM & large, secure onsite carpark
    + Substantial 690sqm* corner freehold opposite Coles anchored Shopping Centre
    + Affordable & easily managed single tenant investment
    + Cowra: Critical crossroad location in the Central West serving, major transport routes leading to Sydney, Canberra and Orange
    + Net Income: $65,239pa* + 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
    ^Single Holding Basis
    **westpac.com.au

    AUCTION

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

    Property Highlights

    Date Sold8 May 2023
    Floor Area330 m²
    Land Area684 m²
    ParkingAsk Agent
    Property ID2018470832
    Category
    Last updated  12 May 2023
    Map for 34 Kendal Street Cowra NSW 2794

    Nearest transport* to 34 Kendal Street Cowra NSW 2794

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    Property Highlights

    Date Sold8 May 2023
    Floor Area330 m²
    Land Area684 m²
    ParkingAsk Agent
    Property ID2018470832
    Category
    Last updated  12 May 2023
    Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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