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Burgess Rawson - Brisbane

Suite 202/3-5 Stapleton Avenue Sutherland, NSW 2232

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Suite 202/3-5 Stapleton Avenue,
Sutherland, NSW 2232

Offices • Medical & Consulting • Other

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Burgess Rawson - Brisbane
Andrew Havig

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
Suite 202/3-5 Stapleton Avenue
Sutherland, NSW 2232

Map of Suite 202/3-5 Stapleton Avenue

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Affordable Sutherland Shire Investment - Longstanding Government Tenant 13+ Years

  • Renewed 5 year lease to 2027
  • 3.5% reviews ensuring income growth
  • Highly reliable GSI asset class
Burgess Rawson is pleased to offer to the market Legal Aid located at Suite 202 (Ground Floor)/3-5 Stapleton Avenue, Sutherland NSW for sale via Private Treaty (Price Guide: $1,850,000 | Circa 6.62% Net Yield).

This opportunity has the following key investment highlights:

+ Legal Aid: largest legal aid commission statewide employing over 1,300 & providing legal assistance to 423,000 per annum
+ Longstanding Government tenant recently renewing a 5 year lease after 13 years of occupancy
+ Tenant pays outgoings as per lease
+ Fixed 3.5% annual rent increases
+ Government Social Infrastructure: government funded, highly reliable and stable asset class
+ Directly opposite free council car park surrounded by other Government services
+ Immaculately presented premises with five (5) car parks plus central position within the administrative and retail hub of Sutherland
+ High growth area with Sutherland population forecast to grow by 21.69% by 2036
+ Net Income $122,568 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property ID: 504427860Last Updated: 10 Oct 2024

Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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