1 Browns Lane,
Port Augusta, SA 5700

Offices • Other

Price information

Sale

$925,000

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy

Fully Leased

Est. Incomep.a.

$61,800

Number of Tenants

1 Tenant

Tenants / Type

National Indigenous Australians Agency

Private inspections

to arrange a private inspection.

Map of 1 Browns Lane

Directions

Train stations within 5 km of 1 Browns Lane, Port Augusta, SA 5700 Distance
Port Augusta Station 325 m
POWERED BY HERE ©
Bus stops within 5 km of 1 Browns Lane, Port Augusta, SA 5700 Distance
Port Augusta Meal Break 4.3 km
POWERED BY HERE ©

Long 7 Year Lease to the Federal Government | Critical Indigenous Australians Agency

7 year lease to 2029 + options to 2039
Fixed 3% annual rent increases
Stamp Duty Free Investment

Burgess Rawson is pleased to offer to market the National Indigenous Australian Agency, 1 Browns Lane, Port Augusta SA for sale by Private Treaty.

The opportunity has the following key investment highlights:

+ Long Seven (7) year lease to 2029 plus options to 2039.
+ NIAA: federal government agency providing critical support to First Nations communities.
+ Port Augusta's indigenous population is 8.5x higher than the SA average and 6.5x higher than the national average. (1)
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Strong and certain income growth with fixed 3% annual rent increases.
+ Well-presented 270sqm* government office with recent upgrade.
+ Prime 305sqm* freehold site directly opposite full line Coles supermarket.
+ Stamp duty free investment.
+ Port Augusta: key regional hub with $1.4 billion economic output. (2)
+ Net Income: $62,189pa* + GST (as at Nov 2024)

For Sale by Private Treaty
*Approx
1. ABS
2. NIAA

Burgess Rawson Agents (RLA 327401)
Beau Coulter - 0413 839 8...
Sam Mercuri - 0413 830 7...

Property ID: 504604496Last Updated: 20 Nov 2024