204-206 Comur Street, Yass, NSW 2582

Burgess Rawson is pleased to offer for sale this excellent opportunity to purchase a tenanted investment with further development potential.

This freestanding commercial building is positioned on a generous 1,840sqm land parcel and offers a total building area of 370sqm across two self-contained units. Constructed in 2003 with brick walls and a metal roof, the single-level building features striking floor-to-ceiling glass panels across the front, providing abundant natural light and excellent exposure to Comur Street.

Comur Street is known for its mixed-use and commercial zoning, supporting a variety of uses including retail, office, and hospitality. Demand for buildings of this size with main street frontage is high, and opportunities are increasingly limited in this tightly held location.

Anchored by 7 year Commonwealth Government lease to 2030 + options to 2036 – approximately 75% of income

Unit 1 spans 255sqm and includes multiple offices and meeting rooms, breakout areas, new reverse cycle air conditioning, upgraded lighting, separate toilet amenities, and rear access to onsite parking. It has been occupied by Services Australia since the building’s completion and recently underwent a major $600,000 refurbishment.

Unit 2 offers 115sqm of functional space with a welcoming reception area, multiple offices, breakout zones, its own amenities, new lighting, and direct rear access to parking. Both units feature separate entry points, providing flexibility for investors, owner-occupiers, or businesses seeking a high-exposure presence.

Highlights
+  Significant 1,840 sqm freehold landholding in Yass CBD
+  Recent Growth: The area remains attractive for long-term investors due to its regional appeal and proximity to Canberra.
+  Vacancy Rates: Low vacancy rates (~0.5%) suggest strong rental demand.
+  Services Australia tenancy has undergone a significant refurbishment (circa $600,000) 
+  High profile location 
+  Signage opportunity  
+  Zoning: B2 Local Zone  
+  Land area – 1,840sqm 
+  Unit 1 - 255sqm 
+  Unit 2- 115 sqm  
+  Total Building Area - 370sqm 
+  Further development potential
+  Net Rent $154,326 + GST 
+  Fixed 3 and 3.5% annual rental increases

For Sale By Private treaty
 
To be sold tenanted Investment
 
Indicative Price: $2,600,000 excluding GST

For further information or to arrange an inspection please contact Steve Burke on 0428 434 464 or Rhys Parker on 0451 101 042.