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SOLD - Goulburn (Southern Tablelands) - Mechanics Institute - Strong Tenancy Mix & Prime Location
167-173 Auburn Street Goulburn NSW 2580
Investments
Investment
Property No.
Key Property Highlights
| Building Area | 1242 sqm |
|---|---|
| Land Area | 1213 sqm |
| Parking | 7 on site car parks |
| Listing Status | Sold |
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.