Mittagong, New South Wales
Sought After Investment - 859MI
INVESTMENT $4,900,000
Business Description
- One hour from Sydney
- Supurb Southern Highlands location
- Low maintenance Double Brick building
- 24 x 4 star units
- Strong tenancy
- 23 years left on the Lease
- 3% Annual Minimum Rent increases
- Contact us now for further detail.
Rent: Current $248,152 - Minimum 3% increase in July 2025 to $255,596
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 859MI (quote when enquiring)
Property Code: 5131
Business Summary
Key Investment Insights
1. Prime location in the Southern Highlands, a highly sought after area for investment.
2. Low maintenance building made of durable double brick.
3. 24 modern and well-maintained 4-star units, providing a strong potential for rental income.
4. Strong tenancy with a long-term lease of 23 years remaining.
5. Annual minimum rent increases of 3% provide a steady and predictable income stream.
6. Contact details for further information and inspection available.
7. Current rent at $248,152 with a minimum 3% increase in July 2025 to $255,596.
8. Property ID: 859MI, quote this when enquiring.
9. Property Code: 5131.
