Moss Vale_iga/auspost
Description
Long and secure 15 year lease to IGA (Metcash) extending to 2023 plus 15 year option.
Balance securely leased to Australia Post extending to June 2021 plus 5 year option.
90% of income from IGA (Metcash).
Modern freestanding buildings of excellent presentation.
Bustling & vibrant town centre position surrounded by supporting retailers .including Commonwealth Bank, BWS, cafes & restaurants.
Majority of outgoings recoverable from IGA, as per the lease.
Guaranteed 3% fixed annual increases from IGA.
Moss Vale: affluent Southern Highlands demographic less than one hour from Sydney’s outer suburbs.
Established and growing Shire population of nearly 50,000.
Net Income: $670,596 pa + GST (as at 23/07/16).
Do you own a similar property?
Enquire
Contact agents
Stephen Lovison
Enquiry Form
MOSS VALE, NSW
11-13 Clarence Street
- Sold Price: Contact Agent