New BWS with Drive-Thru plus Car Wash | 7 & 10 Yr Leases | Excellent Depreciation
Description
Burgess Rawson is pleased to present 6 Well Street, Branxton (Huntlee) NSW 2335 to the market for sale via our Investment Portfolio Auction 162.
+ Brand new high quality development, built 2023
+ Large 2,000 sqm corner freehold site with excellent visual exposure
+ BWS nationally anchored investment, being part of the market leading liquor conglomerate, the Endeavour Group
+ BWS on new 7 year lease plus options extending to 2050
+ Car Wash on new 10 year lease plus options extending to 2043
+ Car Wash leased to experienced multi-site Hunter region operator (including the subject Branxton site, Muswellbrook and newly proposed Scone location)
+ Substantial income tax depreciation benefits, estimated at $101,400 for the 23/24 year
+ High growth location surrounded by local and national occupants including Coles, 7-Eleven, Huntlee ELC, McDonalds, Subway, Domino's, Oporto, KFC, Supercheap Auto, Bridgestone and Huntlee Tavern
+ Easily managed dual income investment
+ Strategic Cessnock City Council location, being a vital administrative centre for the Hunter Region with a population of 67,118 residents expected to grow by 48% by 2041 (source: profile.id.com.au)
+ Net Income: $232,750 pa* + GST
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 1 August 2023
Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
Enquire
Contact agents
Darren Beehag Partner
0411 226 223Rhys Parker Partner
0451 101 042Enquiry Form
Branxton, NSW
6 Well Street
For Sale
This property is part of Portfolio 162
For Sale via Contact Agent