SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

15 Year Lease to Growing ASX Listed Food Retailer

90 Stroud Street , Bulahdelah NSW

Description

High Performing Retail Outlet – Top 10 in the Group
Brand new 15 year lease to 2033 plus options to 2048
Oliver’s Real Food, a public company, listed on ASX, which offers a healthy alternative to traditional fast food and has a rapidly growing business with 27 locations and 40 new sites planned
Attractive 3% minimum annual rent increases
Tenant pays all outgoings, as per lease
Quality 270 sqm freehold building recently undergone major $800,000 tenant upgrade + refurbishment to Oliver’s high corporate standards
Strategic 1,024 sqm site with 12 on-site car spaces
Bulahdelah – a busy highway service town only 2 km from the M1 Motorway with 13,059 passing vehicles daily
Phenomenal location at gateway to retail precinct and adjacent Australia Post and IGA Supermarket
Easily managed single tenant investment
Net Income: $120,000 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,024 SQM
Building Area
270 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights