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369 Warrigal Road
Cheltenham NSW 2119
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Sold on 28 Nov 2017

369 Warrigal Road Cheltenham NSW 2119

  • Shop & Retail
  • 1,908 m²
  • Sold

ASX TOP 50 CALTEX LTD – BRAND NEW 15 YEAR LEASE

With its strategic Cheltenham North location and within close proximity to national and international brands including IKEA and Bunnings, the Caltex Service Station located on the six laned Warrigal Road represents a rarely offered investment opportunity. The property is secured through its long term lease to the ASX50 Caltex Limited and has some of the most favourable lease characteristics ever offered to the market.

Key Features Include:

• Brand new 15 year lease to 2032 plus options to 2052
• Caltex Australia Ltd – An ASX50 company founded in
1900 with a market capitilisation of $8.19 Billion
• Large 1,908sqm* corner site with significant exposure to the six laned Warrigal Road which accommodates high-scale commercial and domestic transport
• Tenant pays all outgoings (excluding Land Tax)
• Fixed 3% annual increases
• Net Income $180,000 pa + GST
*Approx.

For Sale via auction on Wednesday 18 October 2017 at 10:30am AEDT at the Cushman & Wakefield offices - Level 9, 385 Bourke Street, Melbourne.

For more information, please contact exclusive agents Cushman & Wakefield.

AUCTION

Auction date and time18/10/2017 10:30
Auction locationLevel 9, 385 Bourke Street, Melbourne VIC 4000

Property Highlights

Date Sold28 Nov 2017
Floor AreaAsk Agent
Land Area1,908 m²
ParkingOn site parking available
Property ID2013865571
Category
Last updated  28 Nov 2017
Map for 369 Warrigal Road Cheltenham NSW 2119

Nearest transport* to 369 Warrigal Road Cheltenham NSW 2119

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Property Highlights

Date Sold28 Nov 2017
Floor AreaAsk Agent
Land Area1,908 m²
ParkingOn site parking available
Property ID2013865571
Category
Last updated  28 Nov 2017
Level 11/123 Eagle Street Brisbane City QLD 4000

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