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Sold on 2 Aug 2016

175-179 North West Coastal Highway Wonthella WA 6530

  • Shop & Retail
  • 1,511 m²
  • Sold, $3,330,000

Long 7 Year Leases to Two National Tenants. Huge Site with Further Development Potential.

    Long 7 year net leases commenced 2015/16 plus options.
    National occupants BCF and Ultra Tune on renewed leases.
    Expansive highway frontage of 60 metres.
    Massive customer draw power, being adjacent to long established and successful Bunnings.
    Excellent on-title parking for 72 cars.
    Other iconic retailers nearby including McDonald's and BP.
    Net leases; tenants pay outgoings as per leases.
    Attractive 4% and CPI annual rent increases.
    Large 12,450 sqm site including surplus land of 7,668 sqm suitable for further development.
    Geraldton, Coastal port city and administrative & retail headquarters for the Mid West Region, population 40,000.
    Easily managed investment with future value upside.
    Net Income: $245,501 pa + GST.

    AUCTION

    Auction date and time02/08/2016 11:00
    Auction locationDoltone House Hyde Park
    Darren Beehag
    Burgess Rawson Sydney
    Darren Beehag
    Burgess Rawson Sydney
    Rob Selid
    Burgess Rawson Sydney
    Rob Selid
    Burgess Rawson Sydney

    Property Highlights

    Property ID2012908336
    Date Sold2 Aug 2016
    Sold Price$3,330,000
    Floor Area1,511 m²
    Land Area1.25 ha
    ParkingAsk Agent
    Category
    Last updated  2 Aug 2016
    Map for 175-179 North West Coastal Highway Wonthella WA 6530
    Map for 175-179 North West Coastal Highway Wonthella WA 6530175-179 North West Coastal Highway Wonthella WA 6530
    Darren Beehag
    Burgess Rawson Sydney
    Darren Beehag
    Burgess Rawson Sydney
    Rob Selid
    Burgess Rawson Sydney
    Rob Selid
    Burgess Rawson Sydney

    Property Highlights

    Property ID2012908336
    Date Sold2 Aug 2016
    Sold Price$3,330,000
    Floor Area1,511 m²
    Land Area1.25 ha
    ParkingAsk Agent
    Category
    Last updated  2 Aug 2016
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Darren Beehag
    Burgess Rawson Sydney
    Darren Beehag
    Burgess Rawson Sydney
    Rob Selid
    Burgess Rawson Sydney
    Rob Selid
    Burgess Rawson Sydney
    Darren Beehag

    Darren Beehag

    Burgess Rawson Sydney

    Rob Selid

    Rob Selid

    Burgess Rawson Sydney

    0411 *** ***
    0411 226 223

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