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).

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Stephen Lovison
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MOSS VALE, NSW

11-13 Clarence Street

  • Sold Price: Contact Agent
Contact agents
  • Stephen Lovison
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