Coles Express (Wesfarmers Limited): New 10 year lease plus options to 2042
Gloria Jeans (Retail Food Group Limited): New 10 year lease plus options to 2037
Annual 3.5% rent increases and CPI reviews
Strategic location on main arterial at the gateway of North Richmond’s commercial centre
Significant landholding of 2,752 sqm with 64m frontage
New improvements comprising Coles Express service station, convenience store, large fuel canopy and Gloria Jeans Cafe with Drive Thru
Brand new development providing substantial taxation saving depreciation benefits
Hawkesbury City Council: Largest local government area in Metro Sydney well positioned for economic growth due to rapidly increasing population
Net Income: $379,000 pa + GST

Auction 11am AEDT Tuesday 20 February 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney