Full term 20 8 x 5 year lease to 2072.
Freestanding supermarket, redeveloped 2010.
Proven trader with excellent turnover provisions.
Coles pays increases in outgoings.
Prominent corner site in thriving retail strip.
Income tax saving depreciation.
Growth coastal location close to Sydney.
Net Income: $755,597pa GST.
*Approx.
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 71.
2PM AEST Tuesday.
3 April 2012.
Mezzanine Level, 50 Margaret Street, Sydney.
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/
Shaun Venables 0411 860 865
svenables@burgessrawson.com.au
Simon Staddon 0413 640 851
sstaddon@burgessrawson.con.au
Graeme Watson 0419 717 171
gwatson@burgessrawson.com.au