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Sold on 25 Nov 2021

62-68 Memorial Avenue Woy Woy NSW 2256

  • Shop & Retail
  • 1 m²
  • Sold

Striking Fuel & Convenience Retail Centre - Renewed 15 Year Lease

  • Renewed 15 lease to 2033 + options
  • ASX Listed Tenant
  • Net Income $245,000 pa + GST

Cushman & Wakefield is pleased to present to the market 62-68 Memorial Avenue, Woy Woy (Central Coast) for Sale via Auction.

The property has the following key characteristics:

- Ampol - Renewed 15 year lease to December 2033 + options to 2043 - ASX 100 company with 1,900 locations & Market Cap. $7.09 Billion
- Rebuilt fuel & convenience retail service station & carwash with latest specifications & new Ampol branding
- Substantial main road high profile 3,716 sqm landholding with over 61m of frontage & 22 onsite car spaces
- Significant tenant investment - Recently upgraded with brand new canopy, tanks & fuel infrastructure
- Landlord friendly net lease - Tenant pays all outgoings including Land Tax as per lease
- Central Coast NSW - Exhibiting strong population growth with over 340,000 people & GRP of $15.52 Billion
- Favourable environmental provisions, ownership of the tanks & full remediation the responsibility of Ampol
- Net Income $245,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.

Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney

Property Highlights

Property ID2017361792
Date Sold25 Nov 2021
Floor Area1 m²
Land Area3,716 m²
Parking22 x Onsite parkings
Building TypeWhole building
Category
Last updated  26 Nov 2021
Map for 62-68 Memorial Avenue Woy Woy NSW 2256
Map for 62-68 Memorial Avenue Woy Woy NSW 225662-68 Memorial Avenue Woy Woy NSW 2256
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney

Property Highlights

Property ID2017361792
Date Sold25 Nov 2021
Floor Area1 m²
Land Area3,716 m²
Parking22 x Onsite parkings
Building TypeWhole building
Category
Last updated  26 Nov 2021
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis

Yosh Mendis

Cushman & Wakefield Sydney

Michael Collins

Michael Collins

Cushman & Wakefield Sydney

0434 *** ***
0434 413 188

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