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Sold on 25 Oct 2016

94 New England Highway Muswellbrook NSW 2333

  • Retail
  • 718 m²
  • Sold, $2,655,000

National Tenant on Long Lease. Major Highway Frontage.

Near new building leased to Supercheap Auto.
Australia's 7th largest retailer: top 100 ASX listed company.
8 year lease expiring 3 Nov. 2021 plus 5 + 5 year options.
Highly exposed prominent main road location.
Strong trading store with significant capital improvements by tenant.
Surrounded by other national retailers.
High population growth area: rich in mining, tourism and agriculture.
Easily managed, single tenanted investment.
Attractive taxation depreciation benefits.
Fixed 3% annual rent increases.
Net Income: $185,067 pa + GST (as at 4 Nov. 2016).

AUCTION

Auction date and time25/10/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Property ID2013082513
Date Sold25 Oct 2016
Sold Price$2,655,000
Floor Area718 m²
Land Area1,502 m²
ParkingAsk Agent
Category
Last updated  27 Oct 2016
Map for 94 New England Highway Muswellbrook NSW 2333
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

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