Secure 5 year lease renewed from Dec 2014 plus 5 year option to Dec 2024.
Quality retail investment leased to national tenant, Repco.
Occupied by Repco since built in 2004.
Tenant pays outgoings, as per lease.
1,429 sqm site area with stand alone building and parking for 16 cars.
Prime location within retail hub with Bunnings, KFC, Hungry Jacks and 7-Eleven all in close proximity.
Minchinbury is a growth suburb of Blacktown City which has a population of 301,099 (ABS 2011) and is located 35 kilometres from Sydney's CBD.
Easily managed single tenant investment.
Net Income: $168,151 pa + GST.
Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney
Kieran Bourke 0417 418 007
Darren Beehag 0411 226 223