Secure Long Term Lease to Woolworths Ltd Australia’s Premier Retailer 15 year lease plus options through to 2038.
Modern service station & convenience store.
Prime corner site with outstanding exposure.
90 metres of dual street frontage.
Fibreglass fuel storage system.
Annual rent reviews.
Excellent tax saving depreciation benefits.
Nambucca Heads: Mid north NSW coastal region with strong population & tourism growth.
Rent: $160,307pa + GST.
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 76.
30th October 2012
50 Margaret ...
Affordable Mid North Coast Retail Investment. Fully Occupied: 8 Shops Leased to 6 Tenants. Substantial 100% leased freehold retail investment. Absolute prime main street location in centre of Nambucca Heads retail precinct. Tenants include NRMA, real estate, takeaway, employment, insurance with stable occupancy history. Thriving shopping precinct incl. CBA, Subway, Post Office. Popular Mid-North Coast hotspot between Coffs and Port Mac. Large 915 sqm land holding in main street. Well presented building with internal arcade, NLA 690 sqm. Secure basement car parking for 16 cars and rear access. Future development/strata title potential (STCA). Tenants pay outgoings, as per the leases...
National Retail Brand Tenant. Strong Shopping Centre Location. Strong 6 year lease with 6 year option to highly recognisable brand. Generous fixed 3.5% rent increases per annum. Reject Shop - Dominant market trader, ASX listed tenant $618 million turnover. Absolute prime 1,200 sqm retail in Nambucca Plaza adjacent to McDonald's & major amenities. Nambucca Plaza Shopping Centre - high profile Pacific Highway location, national brands including Pizza Hut, Millers and IGA. Generous parking area on grade to all stores. Significant nearby land releases in growth area. Easily managed single tenant investment. Net Income: $117,543 pa + GST.
CBA - Nambucca's Best Retail Investment
A-Grade Covenant on Renewed Lease Affordable commercial investment. Commonwealth Bank is long term occupant. Renewed 3 + 3 lease from December 2013. Fronts main street pedestrian crossing. Strong mid north coastal hotspot. Strategic midway Coffs & Port Macquarie location. Wide retail street frontage + lower ground level. On site parking + rear lane access. Tenant pays all outgoings including management. Easily managed single tenant investment. Net Income: $63,651 pa + GST.
Auction 2pm Tues 1 April, 50 Margaret St Sydney
Simon Staddon 0413 640 851 email@example.com