1233 Pacific Highway Turramurra NSW 2074
- Shop & Retail
- 290 m²
- Commercial Auction
Blue Chip North Shore Asset - 60,000+ Cars Passing Daily
- Brand New 15 Year Net Lease
- Global Fuel & Convenience Retail Giant
- Net Income $360,000 pa + GST
Cushman & Wakefield is pleased to present to the market 1233 Pacific Highway Turramurra (Sydney) for Sale via Auction.
The property has the following key characteristics:
15 year net lease to 2035 + options to 2065
EG Group - Multinational fuel & convenience retail giant with 2019 Rev. of $32.4 Billion & 6,012 locations globally
EG Group - Acquired Woolworths Petrol for $1.7 Billion & operate 540+ Woolworths Caltex service stations
Prime Pacific Hwy location - 60,000+ cars passing daily
Landmark site in close proximity to Coles, IGA, Liquorland, CBA & Turramurra/Pymble Train Stations
Turramurra - Prestigious North Shore of Sydney located 16 km from the Sydney CBD
Fully refurbished in 2007, the site offers modern improvements & dual-skinned fibre-glass tanks
Favourable environmental provisions, ownership of the tanks & remediation the responsibility of EG Group
Tenant pays all outgoings including Land Tax
Net Income $360,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.
Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.
|Auction date and time||05/11/2020 12:00|
|Auction location||Doltone House Hyde Park - 3/181 Elizabeth Street, Sydney|
|Floor Area||290 m²|
|Land Area||1,069 m²|
|Parking||On site parking available|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||23 Oct 2020|