38 Wingecarribee Street Bowral NSW 2576

Shop & Retail
781 m²
Sold, $9,500,000

Centrelink/Medicare NSW Southern Highland - 12 year lease + options until 2035.

Leased to Centrelink/Medicare
12 year lease with options to 2035
Fixed 5% annual increases

Centrelink Australia's #1 tenant secured by the Australian Federal Government
Exceptional position in the heart of Bowral CBD
Newly appointed interior to WHS COVID 19 Standards
NLA 781.0 sqm + 10 undercover car spaces
Fixed 5% annual increases (including options)
Net Income $440,709 pa + GST

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.

Centrelink / Medicare Bowral will be offered For Sale via Public Auction on Tuesday 18 May, 2021.

AUCTION

Auction date and time	18/05/2021 10:30
Auction location	Auctionworks Mezzanine level, 50 Margaret Street, Sydney

Property Highlights

Date Sold	18 May 2021
Sold Price	$9,500,000
Floor Area	781 m²
Land Area	1,120 m²
Parking	10 x Onsite parkings
Building Type	Whole building
Property ID	2016942409
Category	Shop & Retail Offices Other
Last updated	18 May 2021

Map for 38 Wingecarribee Street Bowral NSW 2576

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Property Highlights

Date Sold	18 May 2021
Sold Price	$9,500,000
Floor Area	781 m²
Land Area	1,120 m²
Parking	10 x Onsite parkings
Building Type	Whole building
Property ID	2016942409
Category	Shop & Retail Offices Other
Last updated	18 May 2021