1 Browns Lane,
Port Augusta, SA 5700
Offices • Other
Price information
Sale
$965,000
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.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1 Browns Lane
Port Augusta, SA 5700
Map of 1 Browns Lane
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 ©
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: $60,335pa* + GST
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...
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: $60,335pa* + GST
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: 7 Aug 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000