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Burgess Rawson - Melbourne

Salvos Stores & RPM Global, 439 High Street (corner Elgin Street) Maitland, NSW 2320

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Salvos Stores & RPM Global, 439 High Street (corner Elgin Street),
Maitland, NSW 2320

Shops & Retail • Offices • Medical & Consulting

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Burgess Rawson - Melbourne
Beau Coulter
Shaun Venables

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Salvos Stores & RPM Global, 439 High Street (corner Elgin Street)
Maitland, NSW 2320

Map of Salvos Stores & RPM Global, 439 High Street (corner Elgin Street)

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New 7 Year Lease to the Salvos - 'Essential Service' with 100+ Year History

  • New 7 year lease to Salvos
  • Rare fixed 3.5% increases
  • Fully leased 831sqm building
+ Salvos Stores: Important government funded ‘essential service’ retail chain with 125 year history and 330+ stores nationally
+ Seven (7) year lease to March 2027 plus options to March 2037 (Salvos Stores)
+ RPMGlobal: ASX listed consulting & advisory firm to the mining industry established in 1968 with 22 locations across 14 countries
+ Three (3) year lease to July 2023 plus option to July 2026 (RPMGlobal)
+ Fully leased 773qm two-level freehold building with triple street frontage
+ Rare fixed 3.5% annual rent increases ensuring rental growth
+ Prime retail position amongst Woolworths, K-Mart, ALDI and all major banks
+ Maitland City Councils 85,166 population is set to grow by 31% to 111,829 by 2041*
+ Maitland: capital of the Hunter Valley, the largest regional economy in Australia with an estimated 322,000 jobs **
+ Net Rent: $203,296 pa + GST

For Sale by Investment Portfolio Auction
Tuesday 30 March at 11am
Yallamundi Rooms, Sydney Opera House

*Remplan
**New South Wales Government

Property ID: 503773610Last Updated: 2 Jun 2021

Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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