High Profile Caltex Service Station, Strategic 3,716 sqm Landholding

62-68 memorial avenue, blackwall nsw

Price: Contact Agent

  • Just renewed lease to Caltex
  • Large land with redev. potential
  • High profile location

Property Details

Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Strong trading convenience store, large canopy + car wash, ample parking
Substantial 3,716 sqm land holding with redevelopment potential

Located in the highly dense Woy Woy peninsula, population of 35,383
Sits on Memorial Avenue, one of the main north-south roads on the Woy-Woy Peninsula, with the site benefiting from circa 20,000 available cars per day (source: RMS)
Broader Central Coast catchment comprises 335,309 people, forecast to increase by over 20% to 414,615 people by 2036

Renewed 5 year lease to 2023 + three five year options to 2038
Direct company lease to Caltex, ASX publicly listed tenant
Tenant pays outgoings, as per lease
Annual CPI rent increases

Net Income: $250,000 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 1 sqm
Land Size 3,716 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003424

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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