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Proven Performer – Secure 10 Year Lease

157 The Entrance Road , Erina NSW

Property Highlights

10 year lease to 2023 plus opt to 2033
Lessee pays outgoings inc Land Tax
46,000 Vehicles passing daily

Description

Secure 10 year lease to 2023 plus options through to 2033
Company lease in place to Red Rooster Foods Pty Ltd
Red Rooster: leading national retailer with over 360 store nationally
Annual rent reviews
Lessee pays all usual outgoings including Land Tax
Established & proven Red Rooster location since 2004
Modern building with drive thru facility upgraded in 2013
Substantial 2,134 sqm site with 46 on-site car spaces
Dual street frontage totalling 98 metres, to 46,000 vehicles passing daily (Source RMS 2012)
Absolute prime position between Bunnings and Woolworths Petrol and close to Fountain Plaza Shopping Centre
Erina: popular ‘Central Coast’ location, 50km north of Sydney CBD
Rent: $130,066 pa

Auction 11am AEST Tuesday 4 April 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
2,134 SQM
Building Area
250 SQM

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