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20 Year Triple Net Lease to National Tenant | 4ha Site in Heart of Hunter Valley

254 Bathurst Street , Sawyers Gully NSW

Property Highlights

Brand new 20 year lease + options
Fixed 3% annual rental increases
Triple net lease structure

Description

+ Brand new 20-year net lease plus 6 x 10 year options to 2101
+ Kip Happy Stays: Australia’s largest provider of pet boarding with 18 sites across the country
+ Rare triple net lease – tenant pays all outgoings including land tax and structural repairs
+ Fixed 3% annual rental increases
+ Extensive 2,300sqm plus facility incorporating multiple high-quality buildings
+ Significant 40,000sqm site 35km from Newcastle
+ Net Income of $240,000 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Land Size
40,000 SQM
Building Area
2,300 SQM

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