1-27 Pacific Highway, SOUTH GRAFTON NSW 2460
Sold on 06/12/2016
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- 7 Dec 2016
3 Strong National Tenants. Next to Bunnings & McDonald's.
Modern freehold investment with long leases to national retailers.
Hungry Jack's: 16 year lease from 11/08 plus options to 2039.
Subway: 15 year lease from 3/07 plus options to 2037.
Supercheap Auto: 12 year lease from 2/10 plus options to 2027.
Attractive 4% & 3% annual rent increases.
Large 3,000 sqm corner site close to McDonald's, Bunnings, BCF, Caltex, BP, Bridgestone and Red Rooster, all within 100m
Major stop-over to coastal holiday destinations.
Absolute prime location with dominant highway exposure.
Easily managed nationally leased investment.
Grafton: administrative and commercial hub of the Clarence River Valley, LGA population approx 51,000 (ABS 2014).
Net Income: $343,377 pa + GST (as at 3/17).
1-27 Pacific Highway SOUTH GRAFTON