New secure 10 year lease, plus options to 2035, to Viva Energy trading as Shell Coles Express.
Net lease agreement with tenant paying all outgoings including Land Tax.
Attractive annual rent reviews, minimum 2.75%.
Strategic 1,999 sqm site, with 40 m frontage to Pacific Highway, 30,000 vehicles passing daily (approx).
Ultra modern improvements including 221 sqm Coles Express convenience store.
Substantial taxation saving via depreciation allowance Coffs Harbour, premier regional coastal City, trade catchment circa 200,000 plus year round holiday influx.
Net Income: $380,000 pa + GST (paid 12 months in advance).
Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney
|Gross Building Area