Blue Chip investment comprising successful North Lakes Tavern Hotel and First Choice Liquor Superstore.
Concurrent 15 yr Coles Group leases from May 2012 + opts to 2067.
Guaranteed income stream from divisions of Wesfarmers Ltd.
Growth catchment on Central Coast, main road location between Gosford and Newcastle.
Large 7,255 sqm land holding adjacent to Coles anchored North Lakes Shopping Centre.
Modern 1,960 sqm improvements + 180 on-site car spaces.
Net leases and built in rental increases.
Significant tax depreciation allowances.
Net Income: $699,074 pa + GST.

Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney