39-47 Ferodale Road Medowie NSW 2318

Freestanding "latest specification" Woolworths & BWS, opened June 2014
New 20 year lease plus 8 x 5 year options to 2074
Substantial 10,480 sqm landholding incl. 176 car spaces
Full range 3,865 sqm store with all departments including liquor
Major tax depreciation benefits
Easily managed single tenanted investment
Rapidly expanding population within Port Stephens LGA
Close to Newcastle Airport and RAAF Base
Net Income: $1,232,140 pa + GST

Interstate bidding by prior arrangement

Auction 2pm Tues 5 August, 50 Margaret St Sydney

Darren Beehag 0411 226 223
Simon Staddon 0413 640 851