Lower North Shore TAB Investment – 10 Year Lease Plus Options to 2036
128 Military Road , Neutral Bay NSW
Property Highlights
Sydney Lower North Shore Investment
Secure 10 year lease + options
TAB with 4,400+ locations nationally
Description
Secure 10 year lease to 2026 + options extending until 2036
Attractive 3% annual increases
Immaculate 175 sqm premises, part of the modern ‘Bay Central’ completed 2016, close to Coles, Woolworths & Oaks Hotel
Tabcorp: world-class diversified gambling entertainment group, with revenue of $5.224m in FY20
TAB: 4,400+ locations nationally
Prime Military Rd position with 110,000+ passing vehicles daily
Net Income: $159,570 pa + GST (as at 28/06/21)
For Sale by Investment Portfolio Auction
Tuesday 30 March at 11am (AEDT)
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
175 SQM