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Sold on 28 Mar 2019

167-173 Auburn Street Goulburn NSW 2580

  • Retail
  • Floor Size1,242 m²
  • PriceSold, $4,800,000

Mechanics’ Institute – Strong Tenancy Mix & Prime Location

  • Banking Government & Cafe
  • Staggered lease expiry profile
  • Net Income $277,390 pa + GST

Cushman & Wakefield are pleased to present to the market for the first time in 25 years an iconic local CBD asset located at 167-173 Auburn Street, Goulburn for sale via Auction.

The property has the following key characteristics:

• National Australia Bank (NAB) - ASX listed company with a market capitalisation rate of $70 Billion
• Long standing tenants in occupation for 20+ years – NAB, NSW Police and the NSW Government
• Iconic local CBD asset secured by listed, national and Government tenants
• Extensively refurbished character building occupying a prominent CBD corner with 3 street frontages
• First time offered to the market in 25 years
• 7 on site car parks
• Goulburn - Australia’s first inland city is centrally located between Sydney and Canberra and is a regional city in the Southern Tablelands of New South Wales
• Secure income through a staggered lease expiry profile
• Annual reviews in line with CPI
• Net Income $277,390 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 28 March at 10.30am at Dexus Place, located on Level 5, 1 Margaret Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.


Auction date and time28/03/2019 10:30
Auction locationDexus Place, located on Level 5, 1 Margaret Street, Sydney NSW 2000

Property Highlights

Property ID2014961656
Date Sold28 Mar 2019
Sold Price$4,800,000
Floor Area1,242 m²
Land Area1,213 m²
EnergyAsk Agent
Parking7 x Onsite parkings
Building TypeWhole building
Last updated  17 May 2019
Map for 167-173 Auburn Street Goulburn NSW 2580
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000

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