15 Year Lease + Options to 2040 Built New 2015 – Excellent 4% Annual Rent Increases

2-4 peterborough avenue, lake illawarra nsw

Price: Contact Agent

Property Details

15 year lease from December 2015 plus options
Highly visible prime corner south coast position – one hour south of Sydney
Site area of 1,750 sqm with wide 94 metre street frontage (incl. 52 metres to highway)
Impressive state-of-the-art 7-Eleven including fuel & convenience store
Strategic location at centre of sprawling Wollongong & Shellharbour urban areas (combined population 281,712)
250 metres from Warilla Grove Shopping Centre
As new improvements attracting major depreciation benefits
Superior net lease with tenant paying all usual outgoings, excluding land tax
4% pa rent increases escalating to $550,000 pa + GST in 2030
Net Income: $328,508 pa + GST (as at Dec. 2017)

Featured Details

Current Tenant Tenanted
Gross Building Area 1 sqm
Land Size 1,750 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003211

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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