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42 Bulahdelah Way
Bulahdelah NSW 2423
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Sold on 14 Sep 2022

42 Bulahdelah Way Bulahdelah NSW 2423

  • Shop & Retail
  • 209 m²
  • Sold

Favourable Triple Net Lease Secure ASX 200 Listed Tenant

  • 10 Year Triple Net Lease
  • Secure ASX 200 Listed Tenant
  • Convenience Retail Giant – 1,350+ outlet

Stonebridge National Investment Sales is pleased to present to the market Shell Coles Express - 42 Buladelah Way, Bulahdelah for Immediate Sale via Offers to Purchase.

The asset has the follow key investment features:

10 year triple net lease to 2026 + 7 x 10 year options to 2096

Viva Energy Australia - ASX listed tenant providing one quarter of Australia's fuel requirements^, market capitalisation of ~ $4.0 Bn1

Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^

Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges

Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure

Commanding 3,158 sqm site with 61m* frontage to Bulahdelah Way, a key tourist route providing direct Pacific Highway access

Conveniently located near IGA, St Joseph's Primary School, Bulahdelah Central School and Bulahdelah Tyre & Mechanical

Bulahdelah Township bound by the Pacific Highway in the MidCoast NSW Region - broader regions population forecast to increase 17.41% to 113,147 by 20362

Fixed 3% annual rent increases

Net Income $165,395 pa* + GST (as at August 2022)

*Approx. ^Viva Energy Australia 1ASX 2Forecast ID

For further information, please contact the Stonebridge team -

Michael Collins | 0404 023 204

Tom Moreland | 0408 072 822

Rorey James | 0439 400 081

Kevin Tong | 0422 848 818

Property Code: 420

Property Highlights

Date Sold14 Sep 2022
Floor Area209 m²
Land Area3,153 m²
ParkingAsk Agent
Property ID2017829320
Category
Last updated  13 Oct 2022
Map for 42 Bulahdelah Way Bulahdelah NSW 2423

Nearest transport* to 42 Bulahdelah Way Bulahdelah NSW 2423

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Property Highlights

Date Sold14 Sep 2022
Floor Area209 m²
Land Area3,153 m²
ParkingAsk Agent
Property ID2017829320
Category
Last updated  13 Oct 2022
Level 7, Martin Place Sydney NSW 2000

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