New Supercheap Auto Investment | Long Lease to ASX Listed Super Retail Group

Description

Burgess Rawson are pleased to offer to the market 19 Through Street, Grafton NSW for sale via Investment Portfolio Auction 157.

The property has the following investment highlights:

+New 10 year lease to November 2031, plus options to 3041.
+Super Retail Group: one of Australia and New Zealand’s largest retailers with a market cap of $2.29 billion.**
+Annual rent reviews.
+Recently constructed (2021) providing excellent tax savings depreciation benefits.
+High profile 2,174sqm freehold title with 93m* of dual frontage and highway exposure.
+Immaculate 970sqm* building with 22 car spaces on-title.
+Strategically positioned surrounded by destinational tenants including Coles, Bunnings, Autobarn, Pets Domain, BCF, McDonald’s, Hungry Jack’s and Red Rooster.
+Grafton: commercial and administrative centre for the Clarence Valley Region
+Net Income $231,435 pa* + GST

To be sold by Investment Portfolio Auction: 
10:30am AEDT Wednesday 7th December 2022
River Room – Crown Casino

*approx.
**Super Retail Group

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Contact agents
Shaun Venables Partner
0411 860 865
Darren Beehag Partner
0411 226 223
Yosh Mendis Head of Agency | Partner
0434 413 188
Beau Coulter Partner
0413 839 898
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Grafton, NSW

19 Through Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 157

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