ULLADULLA_Bunnings

Description

12 year lease plus options to 2049.
Bunnings: Market leader and wholly owned by Wesfarmers Limited, an ASX top 20 company.
Unrivalled covenant, Bunnings revenue of $8.546 bn to 30 June 2014, up 11.6% on previous year.
Excellent presentation, built new in 2008.
Massive 10,800 sqm site with 113 car spaces.
Substantial tax depreciation benefits.
Annual 3% rent increases.
City of Shoalhaven population 92,621 including 20,717 within 30 minute Ulladulla trade catchment.
Net Income: $562,755 pa + GST.

Auction 2pm AEDT Tuesday 24 February
50 Margaret Street Sydney

Darren Beehag 0411 226 223
Simon Staddon 0413 640 851

CO AGENT
CBRE
Peter Rossi 0407 179 389
Justin Dowers 0438 098 805

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Stephen Lovison
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ULLADULLA, NSW

131 131 Vincent Street

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