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224 Richardson Road
Spring Farm NSW 2570
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Sold on 19 Mar 2021

224 Richardson Road Spring Farm NSW 2570

  • Shop & Retail
  • 1,599 m²
  • Sold

Booming Western Sydney Investment - Prime Pad Site

  • Brand New 15 year Net Lease
  • Global Fuel & Convenience Retail Giant
  • Net Income $260,000 pa + GST

Cushman & Wakefield is pleased to present to the market 244 Richardson Road, Spring Farm (Sydney) for Sale via Auction.

The property has the following key characteristics:
- 15 year net lease to 2036 + options to 2066
- EG Group - Multinational fuel and convenience retail operator with $32.4 Billion and 6,012 locations globally
- EG Group - Acquired Woolworths Petrol for $1.7 Billion and operate circa 540 Woolworths Caltex service stations
- Well configured 1,599 sqm corner site with dual street access
- Strategic convenience position neighbouring McDonalds, KFC, BWS & a Woolworths Supermarket
- Spring Farm - Booming Western Sydney suburb with 24% population growth in 2019, 63 km from CBD
- Newly built in 2016, 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 $260,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am 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.

Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold19 Mar 2021
Floor AreaAsk Agent
Land Area1,599 m²
ParkingOn site parking available
Property ID2016797475
Category
Last updated  25 Mar 2021
Map for 224 Richardson Road Spring Farm NSW 2570

Nearest transport* to 224 Richardson Road Spring Farm NSW 2570

Bus
Richardson Rd Opp Holland Dr96 m
Richardson Rd After Liz Kernohan Dr188 m
Richardson Rd Before Liz Kernohan Dr209 m
Richardson Rd At Easton Av258 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold19 Mar 2021
Floor AreaAsk Agent
Land Area1,599 m²
ParkingOn site parking available
Property ID2016797475
Category
Last updated  25 Mar 2021

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

More about 224 Richardson Road Spring Farm NSW 2570

224 Richardson Road Spring Farm NSW 2570 is categorized as Shop & Retail Property. It has a land area of 1,599 m². The listing ID for this property is 2016797475.

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