Brand New Convenience Retail Investment

Description

+ Brand new 15 year net lease to 2037 plus options to 2057
+ Mobil (Pearl Energy): over 70+ sites nationally and growing to 100+ sites by 2023
+ Newly completed in 2022 offering substantial depreciation benefits
+ Strategic gateway 1,855sqm landholding on Coffs Harbour’s major highway 34,000 cars passing daily
+ Coffs Harbour: Australia’s fastest growing coastal city with a population of 79,000+ people
+ Net Lease – Tenant pays all outgoings (including Land Tax)
+ CPI + 0.5% annual rent reviews
+ Net Income: $290,000* pa + GST

For Sale by Auction
10.30am (AEST) Tuesday 2 August 2022
Yallamundi Rooms, Sydney Opera House

*approx

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Geoff Sinclair Director
0451 462 759
Enquiry Form

Coffs Harbour, NSW

178-180 Pacific Highway

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

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