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8 Properties Sold in Taree

  • MORE FROM THIS AGENT
    Sold
    $3,160,000
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    44-46 Manning Street
    TAREE

    High Profile Westpac Bank Plus Chemist. Main Corner Location in Busy Town.
    Westpac 10 year lease to 2020.
    Option to 2025.
    Westpac annual 3% increases.
    Renewed lease to Discount Drug Store to 2020.
    Option to 2025.
    Total Building Area 500 sqm.
    B3 Commercial Core Zoning.
    Adjacent to Woolworths, Target, opposite Coles'.
    Highest pedestrian and vehicle count in Taree CBD.
    High profile corner location with major return frontage.
    Westpac lease on net terms.
    Net Income $199,339 pa + GST.

    Auction 11am AEST Monday 21 September
    Sofitel Wentworth Hotel, Sydney

    Michael Gilbert 0430 024 790
    Retail
    1m²
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  • MORE FROM THIS AGENT
    Sold
    $2,350,000
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    38-40 Victoria Street
    TAREE

    Finger Lickin' Fast Food Investment. Brand New 10 Year Lease.
    Brand new 10 year lease expiring Dec 2024 plus three 5 year options to 2039.
    Prominent 1,770 sqm main road corner site with three street frontages.
    Major store refurbishment carried out by tenant in 2014.
    Modern store with indoor/outdoor dining, drive thru and abundant on site parking.
    Vibrant regional commercial centre.
    Low risk and easily managed investment.
    Annual CPI rent increases.
    Net income: $138,123 pa + GST.

    New Venue and Time
    Auction 12 noon AEST Tuesday 23 June
    Sofitel Wentworth Hotel, Sydney

    Rhys Parker 0451 101 042
    Dean Venturato 0412 840 222
    Retail
    1,770m²
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  • MORE FROM THIS AGENT
    Sold
    $7,820,000
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    24-32 Manning Street
    TAREE

    Metcash Guaranteed Supermarket. 15 Year Lease with Options.
    Leased to 2027 + options to 2047.
    Lease guaranteed by ASX listed Metcash.
    Metcash over $13.25bn sales in 2013/14.
    Ritchies IGA: Founded in 1870, the largest IGA operator in Australia.
    IGA have over 1,400 stores nationwide.
    Building area 3,126 sqm.
    Adjacent to a major council owned car park.
    Taree population predicted to grow by 50% by 2030.
    Annual CPI rent increases.
    Net Income: $545,939 pa + GST.

    Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney

    Michael Gilbert 0430 024 790
    Darren Beehag 0411 226 223
    Retail
    3,126m²
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  • MORE FROM THIS AGENT
    Sold
    $1,900,000
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    34-38 Manning Street
    TAREE

    ASX Listed Tenant with Over 300 Stores. 5 + 5 + 5 Year Lease.
    Extended lease to 2020 + options to 2030.
    ASX listed tenant $618 million turnover.
    Building area 1,000 sqm.
    Adjacent to the main council car park.
    Prime location between Woolworths and IGA.
    Dominant market trader.
    Taree population predicted to grow by 50% by 2030.
    Easily managed single tenant investment.
    Valuable annual 4% increases.
    Net Income: $145,880 pa + GST.

    Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney

    Michael Gilbert 0430 024 790
    Darren Beehag 0411 226 223
    Retail
    1,000m²
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  • MORE FROM THIS AGENT
    Sold
    $2,000,000
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    93-99 Manning Street
    TAREE

    10 Year Lease Plus Options. Adjacent to Coles, Opposite Woolworths.
    Renewed 10 year lease to June 2024.
    Direct lease to Hungry Jacks Australia.
    3 x 5 year options to 2039.
    Drive through restaurant with playground.
    Adjacent to Coles/Target anchored shopping centre and opposite Woolworths anchored shopping centre.
    Tenant pays all outgoings as per lease.
    Annual CPI rent increases.
    Net Income: $100,000 pa + GST.

    Auction 2pm AEDT Tuesday 24 February
    50 Margaret Street Sydney

    Michael Gilbert 0430 024 790
    Retail
    1m²
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    24-38 Manning Street
    TAREE

    Prime Retail with Blue Chip Leases
    PRICE REDUCTION FOR IMMEDIATE SALE. Clear Instructions to Sell.

    15 year + 10 year + 10 year supermarket lease to RitchiesIGA which commenced 1st September 2012. with METCASH GUARANTEE.. Annual C.P.I. reviews.

    5 years + 5 year ease to the Reject Shop Ltd with COMPANY GUARANTEE ,Annual 4% fixed rental increases, also commenced 2012.

    Combined net income of approximately $623,000 p.a.
    Retail
    4,474m²
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    Sold
    $521,000
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    43 Isabella Street
    WINGHAM

    Entry Level Bank Anchored Investment. Longstanding NAB Branch.
    Affordable commercial/residential freehold investment opportunity.
    Secure 8 year lease to NAB from November 2009 with further options extending to 2021.
    Long established tenancy, pre 2000.
    Main high street location.
    Recently renewed lease to long-term residential tenant.
    Substantial 1,835 sqm site with wide retail frontage and dual access.
    Mid North Coast growth region, 13 km from Taree (LGA population exceeds 46,000).
    Easily managed investment.
    Annual CPI rent increases.
    Total Net Income: $36,704 pa + GST.
    Retail
    1m²
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  • MORE FROM THIS AGENT
    Sold
    $880,000
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    40-42 Bent Street
    WINGHAM

    Prime Bank Investment Flagship Freehold in CBD Heart
    • Renewed 3 year lease from 10 December 2014
    • Freestanding 2 storey building
    • Net lease with CBA paying all outgoings including property management
    • Large site of 537 sqm with wide retail frontage of 12.9 metres
    • Rear lane access with abundant onsite parking
    • Mid North Coast growth region, 13 kms from Taree (LGA population exceeds 46,000)
    • Net Income: $57,176 pa + GST
    Offices
    1m²
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