ASX Convenience Retail Investment - High Profile Major Sydney Arterial
Description
Burgess Rawson are pleased to offer to the market this high profile ASX convenience retail investment at 192-198 Pennant Hills Road, Thornleigh NSW for sale via Auction.
This opportunity has the following key highlights:
+ Twenty (20) year net lease to 2034 plus options 2054 to multinational fuel conglomerate, Ampol
+ Ampol (ASX:ALD): top 100 ASX listed company with 1,800+ sites & market cap of $6.7 billion^
+ Gateway position just 4 minutes from the key M1 on-ramp, servicing NSW’s fastest-growing corridor between Sydney and Newcastle
+ Strategic location close to major national and international brands incl. McDonald’s, Bunnings, Woolworths and Aldi
+ Thornleigh: rapid growth suburb with the population forecast to grow 29.4% by 2036^^, close to double the state average growth
+ Impressive freehold convenience retail building and automated drive-thru car wash
+ Easily managed investment with one market leading ASX conglomerate, Ampol
+ Tenant pays all usual outgoings, as per the lease
+ Attractive annual CPI rent reviews capped at 7%
+ Net Income: $678,254 pa* + GST (estimated from 8 March 2025)
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
^ ASX: as of 13/11/2024
^^ Forecast.id
*Approx
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Thornleigh, NSW
192-198 Pennant Hills Road
For Sale by Portfolio Auction
This property is part of Portfolio 173
Price: Contact Agent
Contact agents
-
Darren Beehag Partner
0411 226 223 -
Rhys Parker Partner
0451 101 042 -
John Ingui Cadet
0486 011 406