Leased to 2021 with options to 2041.
Strong trader with over 30 years history.
ASX listed Metcash – over $13.25bn sales in 2014.
High profile location on Princes Highway .
4 other specialty shops including NSW Government .
Majority redevelopment opportunity with stunning ocean views.
Heart of the south coast holiday region.
Large land area of 2,148 sqm.
Adjacent to the main council car park.
Metcash net lease paying all outgoings, as per lease.
CPI and fixed annual rent increases.
Net Income: $587,626 pa + GST (fully leased).

Auction 2pm Tues 19 May 50 Margaret Street, Sydney

Michael Gilbert 0430 024 790

CO AGENT
SAVILLS
Steven Learch 0414 467 216