Burgess Rawson is pleased to offer to the market this absolute trophy convenience retail investment located at 1412-1414 Pittwater Road, North Narrabeen NSW for sale via our Investment Portfolio Auction 175.

The opportunity has the following key investment highlights:

+ Renewed 5 year lease to 2029 with 5 year option extending to 2034
+ EG Group: one of the world’s largest fuel and convenience retailers with $33 billion annual revenue & 6,600+ locations globally^
+ Large 1,841sqm* landholding over two lots with frontage of 37m* to Pittwater Road, providing valuable exposure to 33,275 vehicles daily^^^
+ Strategic positioning along Pittwater Road, adjacent to national tenants Supercheap Auto and Petbarn, and in close proximity to Warriewood Square, anchored by national brands Coles, Woolworths, Kmart and ALDI
+ North Narrabeen: pristine beach side suburb governed by the Northern Beaches Council, an economic powerhouse with 116,617 local jobs and a GRP of $21.1b^^
+ Landlord friendly lease terms with tenant responsible outgoings including council rates, water rates, land tax, excluding insurance
+ Attractive annual reviews, minimum of 3% rental increases annually, as per the lease
+ Easily managed investment with one market leading multi-national tenant, EG Group
+ Net Income: $450,883 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 25 March 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
^eg.group
^^economy.id
^^^transport.nsw.gov.au