174 Princes Highway Nowra NSW 2541

Factory, Warehouse & Industrial
1.38 ha
Sold, $3,320,000

10 Year Lease to Barbeques Galore Dominant Trader in Bulky Goods Precinct

New 10 year lease to 2024, with option to 2034
National brand with 87 stores Australia-wide
Barbeques Galore in occupation for 16 years
Building area of 1,687 sqm (land area of approx. 1.38 hectares)
Neighbouring retailers including Bunnings, a new Masters store, Fantastic Furniture and others
Value add opportunities
Substantial depreciation benefits
Attractive fixed 4% annual rent increases (income $348,000 in 2024*)
Net Income: $245,400 pa + GST (as at 17 July 2015).

Auction 2pm Tues 19 May, 50 Margaret St Sydney

Michael Gilbert 0430 024 790
Rhys Parker 0451 101 042

AUCTION

Auction date and time	19/05/2015 14:00
Auction location	Mezzanine Level

Property Highlights

Date Sold	19 May 2015
Sold Price	$3,320,000
Floor Area	Ask Agent
Land Area	1.38 ha
Parking	Ask Agent
Property ID	2011920402
Category	Factory, Warehouse & Industrial Shop & Retail Showrooms / Bulky Goods
Last updated	20 May 2015

Map for 174 Princes Highway Nowra NSW 2541

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Property Highlights

Date Sold	19 May 2015
Sold Price	$3,320,000
Floor Area	Ask Agent
Land Area	1.38 ha
Parking	Ask Agent
Property ID	2011920402
Category	Factory, Warehouse & Industrial Shop & Retail Showrooms / Bulky Goods
Last updated	20 May 2015