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17-33 Pacific Highway
San Remo NSW 2262
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Sold on 30 Oct 2015

17-33 Pacific Highway San Remo NSW 2262

  • Hotel, Motel, Pub & Leisure
  • 7,255 m²
  • Sold

North Lakes Tavern + First Choice Liquor. Coles Group Leases to 2027 Plus Options to 2067.

Blue Chip investment comprising successful North Lakes Tavern Hotel and First Choice Liquor Superstore.
Concurrent 15 yr Coles Group leases from May 2012 + opts to 2067.
Guaranteed income stream from divisions of Wesfarmers Ltd.
Growth catchment on Central Coast, main road location between Gosford and Newcastle.
Large 7,255 sqm land holding adjacent to Coles anchored North Lakes Shopping Centre.
Modern 1,960 sqm improvements + 180 on-site car spaces.
Net leases and built in rental increases.
Significant tax depreciation allowances.
Net Income: $699,074 pa + GST.

Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney

AUCTION

Auction date and time29/10/2015 11:00
Auction locationSofitel Wentworth Hotel

Property Highlights

Date Sold30 Oct 2015
Floor AreaAsk Agent
Land Area7,255 m²
ParkingAsk Agent
Property ID2012293650
Category
Last updated  30 Oct 2015
Map for 17-33 Pacific Highway San Remo NSW 2262

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Property Highlights

Date Sold30 Oct 2015
Floor AreaAsk Agent
Land Area7,255 m²
ParkingAsk Agent
Property ID2012293650
Category
Last updated  30 Oct 2015

Co-Agents

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223
Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851

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