72 Lachlan Street, Forbes, NSW 2871

Burgess Rawson is pleased to offer to the market Commonwealth Bank at 72 Lachlan Street, Fobes NSW for sale via our Investment Auction Portfolio 173.

This opportunity has the following key investment highlights:

+ Long established bank branch - renewed lease to 2027 plus option to 2029
+ Commonwealth Bank: Banking giant and #1 ASX listed company (Market cap $250B)**
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding) as per lease
+ Fixed compounding 3% annual rental increases, ensuring income growth 
+ Strategic corner freehold close to major brands including Westpac, Anytime Fitness, Woolworths and Service NSW
+ Easily managed premium single tenant investment
+ Central West & Orana region set to grow to 325,000 people by 2041^
+ Strong trade catchment: The Central West Region contributes $16B annually^^
+ Net Income: $53,152 pa* + GST (as of Feb 2025)

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
**ASX: As of 11/11/2024
^planning.nsw.gov.au
^^dataau.com.au