162-166 Pioneer Road Towradgi NSW 2518

Shop & Retail
1,613 m²
Sold, $5,615,000

New Service Station and Retail Investment.

Two 12 year leases to 7-Eleven and Australia Post expiring October 2027 plus options extending to 2042.
Large 1,613 sqm corner site, dual street access & 14 on-site car spaces.
Major thoroughfare leading to Wollongong CBD.
Wollongong: strong coastal growth city of 210,000, and projected to grow by 20.31% by 2036.
Attractive taxation depreciation benefits.
Tenant pays usual outgoings excl. land tax, as per lease.
Guaranteed rental growth with fixed 4% annual increases.
Net Income: $347,690 pa + GST.

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	22 Dec 2016
Sold Price	$5,615,000
Floor Area	Ask Agent
Land Area	1,613 m²
Parking	Ask Agent
Property ID	2013193661
Category	Shop & Retail
Last updated	22 Dec 2016

Map for 162-166 Pioneer Road Towradgi NSW 2518

Nearest transport* to 162-166 Pioneer Road Towradgi NSW 2518

Bus

Train

Towradgi Rd After Pioneer Rd	56 m
Pioneer Rd At Sturdee St	56 m
Pioneer Rd At Towradgi Rd	62 m
Murranar Rd At Pioneer Rd	123 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	22 Dec 2016
Sold Price	$5,615,000
Floor Area	Ask Agent
Land Area	1,613 m²
Parking	Ask Agent
Property ID	2013193661
Category	Shop & Retail
Last updated	22 Dec 2016

Listed by

Dean Venturato

Burgess Rawson Sydney

Call

0412 840 222

More about 162-166 Pioneer Road Towradgi NSW 2518

162-166 Pioneer Road Towradgi NSW 2518 is categorized as Shop & Retail Property. It has a land area of 1,613 m². The listing ID for this property is 2013193661.