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112-114 Gordon Street
Port Macquarie NSW 2444
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Sold on 8 Dec 2015

112-114 Gordon Street Port Macquarie NSW 2444

  • Shop & Retail
  • 1,719 m²
  • Sold, $4,080,000

Landmark Fast Food Investment. New 15 + 5 + 5 + 5 Year Company Lease.

Long term secure 15 year lease to Hungry Jack's Pty Ltd plus options extending to 2045.
Latest specification Hungry Jack's restaurant with drive-thru and on-site parking for 19 cars, completed 2015.
Port Macquarie, major mid north coastal NSW city of 72,771 (ABS Census 2011).
High profile 1,719 sqm corner CBD site.
Substantial 80 metre plus retail frontage.
Attractive 3.5% annual rent increases.
Tenant pays outgoings as per lease.
Easily managed single tenant freehold investment.
Substantial tax depreciation benefits
Net Income: $207,500 pa + GST.

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney

AUCTION

Auction date and time08/12/2015 11:00
Auction locationSofitel Wentworth Hotel

Property Highlights

Date Sold8 Dec 2015
Sold Price$4,080,000
Floor AreaAsk Agent
Land Area1,719 m²
ParkingAsk Agent
Property ID2012413884
Category
Last updated  9 Dec 2015
Map for 112-114 Gordon Street Port Macquarie NSW 2444

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Property Highlights

Date Sold8 Dec 2015
Sold Price$4,080,000
Floor AreaAsk Agent
Land Area1,719 m²
ParkingAsk Agent
Property ID2012413884
Category
Last updated  9 Dec 2015
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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