Affordable Investment on Popular South Coast Brand New 7 Year Lease – Below Replacement Cost

12 the springs road, sussex inlet nsw

Price: Contact Agent

Property Details

New 7 year lease to 2025 plus options to 2031
Established tenant, Ocean & Earth, with successful trading history over some 40 years and located in subject premises since 2000
Worldwide renowned surf brand distributor business underpinned by mix of 20% onsite retail and 80% wholesale/export
Substantial 2,850 sqm facility comprising retail showroom, wholesale warehousing with 3 roller shutter doors, offices and parking
Large 14 acre landholding with upside for potential Stage 2 development
Easy 2.5 hrs. drive from Sydney benefiting from major Govt. road upgrades
Fixed annual 3% increases and tenant pays outgoings
Net Income: $118,000 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 2850 sqm
Land Size 56,656 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003207

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

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