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409 The Entrance Road
Long Jetty NSW 2261
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Sold on 10 Dec 2013

409 The Entrance Road Long Jetty NSW 2261

  • Shop & Retail
  • 891 m²
  • Sold

New Lease to Liquorland 2 Shops on 1 Title

Entry level investment leased to Wesfarmers subsidiary.
2 shops totalling approx. 596sqm including drive through Liquorland and Aquarium.
8 year lease to Liquorland plus options (Liquorland's lease is concurrent to that of the Aquarium).
Liquorland is one of Australia's most recognised liquor retailers with 639 stores, a division of Coles and wholly owned subsidiary of Wesfarmers (ASX Top 10 company).
Annual CPI rental increases, collared at 1% and capped at 3%.
Prominent Central Coast Highway location.
Significant highly exposed landholding of 891sqm.
Burgeoning Central Coast location 75kms north of Sydney CBD.
Easily managed investment.
Net Income: $59,000 pa + GST (approx.).

For sale in Burgess Rawson Portfolio Auction 85 on:

Tuesday 10 December 2013 at 2:00pm AEDT
Mezzanine Level
50 Margaret Street, Sydney

For more information on this property and other auction listings visit:
www.investmentportfolioauction.com.au

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au

Shaun Venables 0411 860 865
svenables@burgessrawson.com.au

AUCTION

Auction date and time10/12/2013 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold10 Dec 2013
Floor AreaAsk Agent
Land Area891 m²
ParkingAsk Agent
Property ID2010828118
Category
Last updated  11 Dec 2013
Map for 409 The Entrance Road Long Jetty NSW 2261

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Property Highlights

Date Sold10 Dec 2013
Floor AreaAsk Agent
Land Area891 m²
ParkingAsk Agent
Property ID2010828118
Category
Last updated  11 Dec 2013

Co-Agents

Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851
Shaun Venables
Shaun Venables
Burgess Rawson Sydney
Call
0411 860 865

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