Latest Breaking News On - Portfolio auction - Page 1 : comparemela.com

The prominent Rivers building in the heart of Bundaberg’s main street sold for $2,700,000 at Burgess Rawson’s Portfolio Auction last month, returning a strong yield of 8.34 per cent for the interstate buyer. Tenanted by Rivers, part of the ASX-listed Mosaic Brands boasting 1,350 stores nationwide, for more than 10 years, the extensive 1,650 sqm building sits on a 1,333 sqm parcel of land including a rare 26.6m frontage to Bourbong St. According to Burgess Rawson Director, Glenn Conridge, investors had their eyes on the property due to the central location in Bundaberg’s commercial and retail hub, a secure lease and longstanding tenant all ensuring a reliable long-term ‘set and forget’ asset.

Glenn conridgeBurgess rawsonPortfolio auctionMosaic brandsBurgess rawson directorBourbong streetபர்கஸ் ராஸந்போர்ட்‌ஃபோலீயோ ஏலம்மொசைக் பிராண்டுகள்பர்கஸ் ராஸந் இயக்குனர்