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77 Paterson Street
Tennant Creek NT 0860
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Sold on 11 May 2023

77 Paterson Street Tennant Creek NT 0860

  • Offices
  • 378 m²
  • Sold

High Yield Centrelink Investment

    Just renewed 3-year lease to 2026
    Plus option to 2029
    Centrelink (and Medicare), a vital public service & an agency of the Australian Government
    Leased to the Australian Government
    The only Centrelink in a 500 km radius
    Tennant Creek, historic town with gold, copper, magnesium & cattle
    Modern, 378 sqm air-conditioned building constructed in 2004
    Valuable depreciation benefits still available
    1,010 sqm land holding in a strategic location on Stuart Highway
    Easily managed single tenant investment
    Annual 3% rent increases
    Estimated net income p.a. $130,353 excl GST (as at April 2023)

    For Sale by Auction
    Tuesday, 7 March 2023
    10:30am AEDT
    Auctionworks, 50 Margaret Street, Sydney NSW
    In-person and online bidding available

    AUCTION

    Auction date and time07/03/2023 10:30
    Auction locationAuctionworks, 50 Margaret Street, Sydney NSW

    Property Highlights

    Date Sold11 May 2023
    Floor Area378 m²
    Land Area1,010 m²
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2018345997
    Category
    Last updated  7 Mar 2023
    Map for 77 Paterson Street Tennant Creek NT 0860

    Property Highlights

    Date Sold11 May 2023
    Floor Area378 m²
    Land Area1,010 m²
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2018345997
    Category
    Last updated  7 Mar 2023

    Co-Agents

    Peter McVann
    Knight Frank Australia - NPI
    Call
    0412 833 276
    Matthew Knight
    Matthew Knight
    Knight Frank Australia - NPI
    Call
    0413 058 020

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