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Burgess Rawson - Sydney

104 Maitland Street Narrabri, NSW 2390

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104 Maitland Street,
Narrabri, NSW 2390

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Burgess Rawson - Sydney
Kieran Bourke
Flynn McFall
Rhys Parker

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
104 Maitland Street
Narrabri, NSW 2390

Map of 104 Maitland Street

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  • Train stations within 5 km of 104 Maitland Street, Narrabri, NSW 2390Distance
    Narrabri785 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 104 Maitland Street, Narrabri, NSW 2390Distance
    Doyle St at Maitland St191 m
    Narrabri Community Health, Barwan St317 m
    Tibbereena and Bowen STS368 m
    Woolworths, Tibbereena St442 m
    Dangar St at Cameron St543 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime CBD Westpac Investment

  • Renewed 5 Year Lease to 2028
  • Landlord Friendly Net Lease
  • 1,246 sqm* Landholding
Burgess Rawson and Moree Real Estate are pleased to offer to the market Westpac at 104 Maitland Street, Narrabri NSW for sale via Investment Auction Portfolio 169.

The property has the following investment highlights:

+ Recent 5 year lease to Westpac to 2028 plus options to extending to 2034
+ Westpac: top 5 ASX listed banking giant (ASX: WBC) serving 12.7 million customers, with a market capitalisation of $92.32b^
+ Landlord friendly net lease, tenant pays outgoings, as per the lease
+ Compounding fixed 3% annual rental increases, ensuring income growth
+ Substantial 1,246 sqm* CBD landholding in close proximity to several national brands including Woolworths, Coles and McDonalds.
+ Strategic positioning on Maitland Street, the primary thoroughfare through Narrabri's business district.
+ Easily managed premium tenant investment
+ Narrabri: strong and vibrant regional growth centre supported by a diverse business sector
+ Net Income: $107,570 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
ASX: As of 28/05/2024

Property ID: 504604296Last Updated: 27 Jun 2024

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