538 Hume Highway Yagoona NSW 2199

Other
164 m²
Sold

Blue-Chip Retail Investment to National ASX Tenant

Prominent Hume Highway location
Secure 3-year lease to 2024 + options
TAB with 4,000+ locations nationally

Colliers is pleased to present for sale TAB Yagoona, a premier Sydney Metro TAB investment occupying a prominent Hume Highway position with over 60,000+ vehicles passing daily.

Secure Sydney Metro TAB Investment
Site Area: 371sqm, Building Area: 164sqm
Tabcorp (TAH): leading diversified gambling and entertainment group with revenue of $5.605.6m in FY-22
New 3-year lease to 2024 + Options until 2030
Net income $54,007pa* with annual CPI increases
Prominent Hume Highway direct next to KFC with over 60,000+ cars passing daily
Less than 100m from Yagoona Station and moments from Bankstown CBD
Canterbury-Bankstown City is the second largest LGA in Metro Sydney with population density of 401,017 in 2022

TAB Yagoona, will be for sale via Public Auction on Thursday 24 November 2022 at 1:00pm at Colliers Sydney Office, Level 30, 225 George Street, Sydney NSW 2000.