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3 Grieve Close
West Gosford NSW 2250
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Sold on 4 Dec 2018

3 Grieve Close West Gosford NSW 2250

  • Shop & Retail
  • 1,796 m²
  • Sold

Strategic Showroom Investment - Tradelink: ASX Listed, Market Leading Plumbing Business

Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Impressive freehold showroom investment
Massive 1,796 sqm site improved with quality improvements & yard

Near KFC, Dan Murphy’s, Officeworks, Bunnings, Coles & M1 Pacific Mwy
Strategic West Gosford location, bulky goods hub for the Central Coast
Strategic Central Coast Location Undergoing Rapid Growth
Central Coast: population 342,548 people & generating $13.72 billion in GRP
Population forecast to soar by over 20% to 414,615 people by 2036

Secure 7 Year Lease to Tradelink, ASX Listed Tenant
Recent lease to 2024 + option to 2031
Tradelink: Market Leading Plumbing Supplies Business
150 year history with over 100 stores nationally
Subsidiary of ASX listed Fletcher Building (ASX:FBU)
Fletcher employ some 19,000 staff in 40+ countries globally
Guaranteed rental growth, fixed 3% annual increases
Net lease, tenant pays outgoings including management fees, as per the lease
Easily managed, ASX listed tenant investment

Net Income: $106,090 pa + GST (Feb. 2019)

Property Highlights

Date Sold4 Dec 2018
Floor AreaAsk Agent
Land Area1,796 m²
ParkingAsk Agent
Property ID2014759953
Category
Last updated  5 Dec 2018
Map for 3 Grieve Close West Gosford NSW 2250

Nearest transport* to 3 Grieve Close West Gosford NSW 2250

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Property Highlights

Date Sold4 Dec 2018
Floor AreaAsk Agent
Land Area1,796 m²
ParkingAsk Agent
Property ID2014759953
Category
Last updated  5 Dec 2018

Co-Agents

Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042
Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223

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