Secure 16 Year Lease to Woolworths Group Ltd
2806 Princes Highway , Moruya NSW
Property Highlights
Description
Secure 16 year lease to Woolworths to 2025 plus options to 2045.
Woolworths Petrol: A division of Woolworths Group Limited with a network of over 600 outlets and FY17 revenue of $4.7 billion.
Thriving operation at the gateway to Moruya, less than 1km from Woolworths Supermarket and BWS Liquor.
1,432 sqm highway site with 63 metres road frontage.
Annual CPI rent reviews and all maintenance obligations are the responsibility of the tenant.
Modern improvements, developed in 2008, with 112 sqm convenience store and 550 sqm canopy area.
Rarely offered single-tenant freehold investment leased to ASX-listed tenant in this price quantum.
Moruya: Capital of Eurobodalla Shire Council, rich agriculture, aquaculture and tourism region, 305 km south of Sydney.
Estimated Net Rent: $44,200 pa
Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne
Property Details