17-19 Old Sturt Highway Nuriootpa SA 5355

Burgess Rawson and Cushman & Wakefield are pleased to offer to the market, 17-19 Sturt Highway, Nuriootpa SA for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ 10 year head lease to Bridgestone plus options to 2037
+ Strong and certain annual rental increases of 3% fixed
+ Bridgestone: Australia's largest tyre retailer with 339 stores nationally, market cap of AUD $30 billion & wholly owned subsidiary of Bridgestone Corporation
+ Tenant pays all usual outgoings including land tax
+ Land rich 4,868sqm* highway site with dual street frontage
+ Purpose-built Bridgestone with direct access to OId Sturt Highway, a key national transport route
+ Stamp duty free investment with outstanding depreciation benefits
+ Dual heavy vehicle access points to Old Sturt Highway, featuring a large heavy-duty concrete hardstand with extensive on-site car parking
+ Nuriootpa: the commercial heart of the world-renowned Barossa Valley, Australia's most famous wine region
+ Net Income: $197,077 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26 October 2022
Crown Casino, Melbourne

Please contact the exclusively appointed agents for more information.

*approx.