409 409 the entrance road, long jetty

Price on Request

Property Details

Entry level investment leased to Wesfarmers subsidiary.
2 shops totalling approx. 596sqm including drive through Liquorland and Aquarium.
8 year lease to Liquorland plus options (Liquorland's lease is concurrent to that of the Aquarium).
Liquorland is one of Australia's most recognised liquor retailers with 639 stores, a division of Coles and wholly owned subsidiary of Wesfarmers (ASX Top 10 company).
Annual CPI rental increases, collared at 1% and capped at 3%.
Prominent Central Coast Highway location.
Significant highly exposed landholding of 891sqm.
Burgeoning Central Coast location 75kms north of Sydney CBD.
Easily managed investment.
Net Income: $59,000 pa + GST (approx.).

For sale in Burgess Rawson Portfolio Auction 85 on:

Tuesday 10 December 2013 at 2:00pm AEDT
Mezzanine Level
50 Margaret Street, Sydney

For more information on this property and other auction listings visit:
www.inv estmentportfolioauction.com.au

Simon Staddon 0413 640 851

Shaun Venables 0411 860 865

Featured Details

Gross Building Area 596 sqm
Land Size 891 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 1197

Thank you for showing interest in us.

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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