Metro Petrol. New 10 + 5 Year Lease. Fixed 5% Annual Increases. New 10 year lease to September 2026 + 5 year option. Established service station plus convenience store. Adjoins Coles anchored shopping centre, Post Office and Hotel. Metro Petroleum: the biggest and fastest growing independent petroleum company in NSW with approx 200 locations. Berkeley: southern suburb of Wollongong on the shores of Lake Illawarra. Lease requires tenant to pay outgoings. Guaranteed rental growth, generous fixed 5% annual increases. Anticipated high return - circa 7.5%. Net Income: $222,004 pa + GST ($344,401 in 2025).
Coles Anchored Neighbourhood Shopping Centre Berkeley Shopping Centre is a neighbourhood shopping centre, constructed circa 2005 and located just over 10 kilometres south of Wollongong CBD.
The centre sits on an island site surrounded by Bristol Street to the north and Devon Street to the east. It comprises a well configured, freestanding retail hub, anchored by Coles Supermarket, BWS, 14 speciality tenancies, an ATM and parking for 195 vehicles.
The car park has multiple exit and entry points to ensure easy customer access.
The centre is the primary retail hub for the suburb of Berkeley.
WORKSHOP and OFFICE ON HIGHLY EXPOSURE CORNER * LOCATED ON ONE OF THE BUSIEST CORNERS IN UNANDERRA * WORKSHOP OF APPROX. 464 M2 WITH ACCESS VIA 5 ROLLER DOORS * GLASS FRONTED OFFICE AND AMENTIES AT THE FRONT * FULLY ENCLOSE YARD SPACE WITH TWO ENTRY POINTS FOR DRIVE THROUGH ACCESS * WASH BAY AND PLENTY OF PARKING ON THIS 2,223 M2 BLOCK * BRAND IT UP AND EXPOSE YOUR BUSINESS
Mortgagee in Possession says SELL! Don't miss this opportunity to acquire this rare, large industrial land holding featuring Princes Highway access and DA approval for significant industrial building.
Two adjoining vacant lots totalling 2.697 hectares / 26,970sqm (approx.) DA approved for an 8,000sqm (approx.) industrial warehouse facility Valuable, wide second access from Princes Highway IN2 Light Industrial zoning 0.5 to 1 Floor Space Ratio, 11 metre height limit Under instructions from Mortgagee In Possession