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Centrelink Bowral, 38 Wingecarribee Street Bowral, NSW 2576

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Centrelink Bowral, 38 Wingecarribee Street,
Bowral, NSW 2576

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$9,500,000

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Next Commercial - Sydney
Anthony Bray
Charles Gonzalez

Next Commercial - Sydney

Mezz Level, 34-36 James Craig Road
ROZELLE, NSW 2039
Next Commercial - Sydney
Centrelink Bowral, 38 Wingecarribee Street
Bowral, NSW 2576

Map of Centrelink Bowral, 38 Wingecarribee Street

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Centrelink/Medicare NSW Southern Highlands - 12 year lease with Options to 2035.

  • Leased to Centrelink/Medicare
  • 12 year lease with options to 2035
  • Fixed 5% annual increases
• Centrelink – Australia’s #1 tenant secured by the Australian Federal
Government
• Exceptional position in the heart of Bowral CBD
• Newly appointed interior to WHS COVID 19 Standards
• NLA 781.0 sqm + 10 undercover car spaces
• Fixed 5% annual increases (including options)
• Net Income $440,709 pa + GST

38 Wingecarribee Street, Bowral delivers the astute investor a unique opportunity to secure an asset with a long-standing tenancy delivering strong rental returns courtesy of Australia’s most prized tenant – The Australian Federal Government, together with significant fixed annual rental growth.

Centrelink / Medicare Bowral will be offered For Sale via Public Auction on Tuesday 18 May, 2021

Property ID: 503806686Last Updated: 16 Jul 2021

Next Commercial - Sydney
Mezz Level, 34-36 James Craig Road
ROZELLE, NSW 2039

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