National Brands Norco & Winc Australia | 7,906sqm* Corner Freehold
Description
Burgess Rawson is pleased to offer to the market 109 Wilson Street, South Lismore NSW for sale via our Investment Auction Portfolio 174.
This opportunity has the following key investment highlights:
+ Anchored by 12 year net leases to 2033 + options to 2045
+ Multi tenanted investment offering income diversity and strong security through long term leases plus options through to 2045
+ Desirable net leases with tenants paying outgoings as per the leases
+ Huge 7,906sqm* landholding improved by 3 impressive freestanding buildings and generous onsite car parking
+ High profile corner site having excellent visual presence and exposure
+ 78* valuable onsite car spaces
+ Attractive E4 General Industrial zoning providing wide flexibility and future use potential (STCA)
+ Norco: National Dairy & Agricultural supplier boasting $651 million in annual turnover
+ Winc Australia: National distribution chain offering over 100,000 workplace products and solutions
+ Strategic location close to complimentary national brands including Bunnings Warehouse, Total Tools and Reece Plumbing
+ Lismore City: integral part of NSW’s rich Northern Rivers region, with a population of 43,907 and producing a GRP of $3.11b^
+ Northern Rivers: thriving economic hub with an output of $42.05b and home to 315,775 people^^
+ Close to nearby airports including Ballina (35kms*) and Gold Coast (100kms*)
+ Net Income: $410,659 pa* + GST (as at 1/4/2025)**
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 18 February 2025
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
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^^Remplan
**refer to IM for further details
Enquire
Contact agents
Darren Beehag Partner
0411 226 223Flynn McFall Sales Executive
0481 187 191Kieran Bourke Partner
0417 418 007Enquiry Form
South Lismore, NSW
109 Wilson Street
For Sale by Portfolio Auction
This property is part of Portfolio 174
Price: Contact Agent
Contact agents
-
Darren Beehag Partner
0411 226 223 -
Flynn McFall Sales Executive
0481 187 191 -
Kieran Bourke Partner
0417 418 007