WELLINGTON_Coles

Description

Lease to Coles Supermarkets until June 2020 plus 2 x 5 year options extending to 2030.
Westpac ATM with 5 year lease until Nov. 2019.
Benefit of dual exposure to main street and rear Council car park.
Central CBD position with proximity to Australia Post, Woolworths, CBA, NAB, McDonald’s & KFC.
Wellington Shire: Strategic NSW Central West location between Dubbo and Orange.
Coles showing impressive store sales growth of 5.4% (YTD).
Property management fees ($10,000) included in outgoings to arrive at net rental.
Net Income: $283,613 pa + GST.

(Note: Nearby Coles Supermarket anchored investment at Narromine also available with Current Net Income: $321,497 pa + GST).

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Stephen Lovison
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WELLINGTON, NSW

128-140 128-140 Percy Street

  • Sold Price: Contact Agent
Contact agents
  • Stephen Lovison
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