Brand New Freestanding Woolworths & BWS
20 Year Lease Plus Options to 2074 Freestanding "latest specification" Woolworths & BWS, opened June 2014 New 20 year lease plus 8 x 5 year options to 2074 Substantial 10,480 sqm landholding incl. 176 car spaces Full range 3,865 sqm store with all departments including liquor Major tax depreciation benefits Easily managed single tenanted investment Rapidly expanding population within Port Stephens LGA Close to Newcastle Airport and RAAF Base Net Income: $1,232,140 pa + GST
Interstate bidding by prior arrangement
Auction 2pm Tues 5 August, 50 Margaret St Sydney
Darren Beehag 0411 226 223 Simon Staddon 0413 640 851
DA APPROVED RESIDENTIAL SUBDIVISION • DA approved for 24 lots
• Land area of approximately 26.58ha
• Zoning - R5 Large Lot Residential (Draft 2012 LEP)
The subject property benefits from a prime location in close proximity to:
• Grahamstown Lake (300m approx.)
• Medowie Village (5.6km approx.)
• Raymond Terrace (10km approx.)
• Newcastle (32km approx.)
FOR SALE ON THE INSTRUCTIONS OF THE MORTGAGEE IN POSSESSION
• The subject property will be sold under instruction of the Mortgagee in possession – presenting an outstanding opportunity to secure the 26.58ha (approx.) DA approved site.
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