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52-58 Maroubra Road Maroubra NSW 2035

  • Shop & Retail
  • 1,144 m²
  • Commercial Auction

Freestanding Sydney Coles Group Investment

    Single, long-term, passive income stream from top tier tenant.
    First Choice Liquor Market: Wholly owned subsidiary of Coles Group (ASX: COL) one of Australia's top retailers with FY2021 sales of $39.6 billion.**
    Coles liquor, a blue-chip network of 929 First Choice Liquor Market, Liquorland and Vintage Cellars stores across Australia.
    Important freestanding 1,892sqm* site in a popular Eastern Beaches suburb with a trade catchment population of 256,612 within a 5km radius.***
    Long established liquor store with recent, tenant-funded upgrade with 21 on-site car spaces.
    Significant and strategic site on Maroubra Road within the burgeoning Maroubra CBD, within 750 metres of Westfield, Coles, Aldi, McDonald's, KFC and the $3 billion Meriton Development.****
    Brand new 5-year lease plus 8 x 5-year options.
    Annual, fixed compounding 2% rent increases, ensuring certain rental growth.
    Coles Group responsible for Land Tax (single holding) Council Rates, Water Rates, Public Liability Insurance and repairs and maintenance.
    Booming pocket of the Randwick City Council with 16.4% forecast population growth 2031.***
    Estimated net rent: $348,467 pa

    For Sale by Investment Portfolio Auction
    11am (AEDT) Tuesday 9 November 2021

    ** Coles Group
    *** Gap Maps
    **** Sydney Morning Herald

    Auction date and time09/11/2021 11:00
    Auction location52-58 Maroubra Road, Maroubra NSW
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Dean Venturato
    Burgess Rawson Sydney
    Dean Venturato
    Burgess Rawson Sydney
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017305927
    Floor Area1,144 m²
    Land Area1,892 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  20 Oct 2021
    Map for 52-58 Maroubra Road Maroubra NSW 2035
    Map for 52-58 Maroubra Road Maroubra NSW 203552-58 Maroubra Road Maroubra NSW 2035
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Dean Venturato
    Burgess Rawson Sydney
    Dean Venturato
    Burgess Rawson Sydney
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017305927
    Floor Area1,144 m²
    Land Area1,892 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  20 Oct 2021
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Dean Venturato
    Burgess Rawson Sydney
    Dean Venturato
    Burgess Rawson Sydney
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Rhys Parker

    Rhys Parker

    Burgess Rawson Sydney

    Dean Venturato

    Dean Venturato

    Burgess Rawson Sydney

    Billy Holderhead

    Billy Holderhead

    Burgess Rawson & Associates

    Zomart He

    Zomart He

    Burgess Rawson & Associates

    0451 *** ***
    0451 101 042

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