10 year lease to 2024 plus options to 2034.
Subsidiary of ASX listed company with parent company guarantee.
John Cootes Furniture – 11 stores and growing.
High profile 2,284 sqm store on 2,981 sqm land area.
Close to Westfield Tuggerah, Bunnings, Officeworks in prime bulky goods location.
Located on the Pacific Highway, the main Central Coast arterial road.
Tenant pays 100% of outgoings (as per lease).
Annual rent increases.
Net Income: $426,889 pa + GST.
|Gross Building Area