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