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14 Stockland Drive
Kelso NSW 2795
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Sold on 17 Sep 2019

14 Stockland Drive Kelso NSW 2795

  • Shop & Retail
  • 1,275 m²
  • Sold

8% Yield Expected - 6 Year lease to national brand tenant

Adjacent to recently expanded Bunnings, Officeworks, Good Guys, Supercheap & others
Tenant trading in centre since 2011
Furniture One: national brand retailer with 34 stores

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

Leased to December 2024 + options to December 2030
Kelso: Bathursts major growth centre (population & bulky goods), substantial recent Govt. infrastructure investment
Bathurst: strong resident population of 42,231, generating GRP of $1.97 billion; population expected to swell by 25% (10,000+ residents) by 2036
Substantial 1,275 sqm building area
Easily managed single tenant investment
Fixed 3.5% annual rent increases (net income $182,267 in 2023)

Net Income: $158,836 pa + GST

AUCTION

Auction date and time17/09/2019 11:00
Auction location14 Stockland Drive, Kelso NSW
Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold17 Sep 2019
Floor Area1,275 m²
Land Area1,294 m²
ParkingAsk Agent
Property ID2015527619
Category
Last updated  23 Sep 2019
Map for 14 Stockland Drive Kelso NSW 2795

Nearest transport* to 14 Stockland Drive Kelso NSW 2795

Bus
Train
Tram
Ferry
Sydney Rd Opp Stockland Dr269 m
Sydney Rd After Stockland Dr276 m
Kelso Public School, Boyd St478 m
Kelso Coach Stop532 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold17 Sep 2019
Floor Area1,275 m²
Land Area1,294 m²
ParkingAsk Agent
Property ID2015527619
Category
Last updated  23 Sep 2019

Listed by

Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042

More about 14 Stockland Drive Kelso NSW 2795

14 Stockland Drive Kelso NSW 2795 is categorized as Shop & Retail Property. It has a floor area of 1,275 m² and a land area of 1,294 m². The listing ID for this property is 2015527619.

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