36 Wharf Street Forster NSW 2428

Auction 11am AEDT Tuesday 23 October 2018, Sydney

Westpac bank are a long term occupant of subject building
10 year lease until December 2021 + options to 2031
Absolute prime corner position in Forster’s main retail precinct
Popular mid-north coast region between Newcastle and Port Macquarie
Exceptional waterside location adjacent to Gloria Jeans Coffee
Benefits from having over 50 metre frontage to three streets; Wharf Street, Memorial Drive and Blows Lane (pedestrian mall)
Substantial 384 sqm building with future development upside (STCA)
Net lease with Westpac paying outgoings incl land tax, as per lease

Net Income: $153,587 pa + GST