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Knight Frank - SYDNEY

Centrelink, 77 Paterson Street Tennant Creek, NT 0860

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Centrelink, 77 Paterson Street,
Tennant Creek, NT 0860

Offices • Medical & Consulting • Shops & Retail

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Knight Frank - SYDNEY
Peter McVann
Matthew Knight

Knight Frank - SYDNEY

22/123 Pitt Street
SYDNEY, NSW 2000
Knight Frank - SYDNEY
Centrelink, 77 Paterson Street
Tennant Creek, NT 0860

Map of Centrelink, 77 Paterson Street

Directions

High Yield Centrelink Investment

  • 9% Return Anticipated
  • Just renewed 3-year lease
  • The only Centrelink for 500km radius
Just renewed 3-year lease to 2026
Plus option to 2029
Centrelink (and Medicare), a vital public service & an agency of the Australian Government
Leased to the Australian Government
The only Centrelink in a 500 km radius
Tennant Creek, historic town with gold, copper, magnesium & cattle
Modern, 378 sqm air-conditioned building constructed in 2004
Valuable depreciation benefits still available
1,010 sqm land holding in a strategic location on Stuart Highway
Easily managed single tenant investment
Annual 3% rent increases
Estimated net income p.a. $130,353 excl GST (as at April 2023)

For Sale by Auction
Tuesday, 7 March 2023
10:30am AEDT
Auctionworks, 50 Margaret Street, Sydney NSW
In-person and online bidding available

Property ID: 504252288Last Updated: 12 May 2023

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