Brand New Freestanding BCF Investment – ASX Listed Super Retail Group
Lot 1, 169 Princes Highway, Ulladulla NSW
Property Highlights
Description
Burgess Rawson is pleased to offer to the market BCF Ulladulla, Lot 1, 169 Princes Highway for sale via our Investment Portfolio Auction 164.
The property has the following key investment highlights:
+ Brand new 8 year lease to 2031 plus options to 2041
+ BCF: Australia’s #1 and largest outdoor retailer, subsidiary of ASX listed Super Retail Group (ASX: SUL) with a market cap of $2.70 billion* and a network of 716+ stores including BCF, Supercheap Auto, Rebel & Macpac
+ Compounding fixed 3% annual rent increases ensuring rental growth
+ Rare and affordable purpose built 700sqm* large format retail freehold investment on a 1,507sqm* landholding
+ Brand new September 2023 construction providing maximum depreciation benefits
+ Ideal retail destination integrated with Oporto and Zambrero benefiting from 20 exclusive car parks
+ High profile Princes Highway trade catchment position with over 88m* combined frontage across from McDonald’s near Bunnings, Mitre 10, Repco, Supercheap Auto and Ulladulla Shopping Centre
+ Ulladulla: booming south coast growth location with a Shoalhaven region population of 142,939+** expected to surge 30% by 2051** Major commercial hub between Sydney and Canberra
+ Est. Net Income: $188,934 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approximate
**Profile.i.d
Property Details