High Yielding Standalone Wesfarmers Freehold


Renewed lease to Target/Wesfarmers Ltd
Annual fixed 3% rent increases
Large site fully integrated with Coles
Brand new 3 + 3 year lease to Target
Modern, low-maintenance retail store of approximately 1,500 sqm, developed in 2008
Strong trader, 7.4% store sales growth in the last 4 months
Strategic 4,083 sqm retail site, surrounded by Coles, KFC, BWS, Snowy Valley Council offices with approx 50 at-grade car spaces on-title
Annual, fixed, compounding 3% rent increases
Target: Iconic 93 year old retailer, wholly owned by $39 billion Wesfarmers, recent increase in half year sales to an estimated $1.5 billion
Tumut: Vibrant retail and service sector servicing a population of over 15,000 and strategically located midway between Sydney and Melbourne
Estimated net rent: $229,775 p.a.

Private Treaty

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Contact agents
Billy Holderhead Partner
0422 817 696
Raoul Holderhead Partner
0413 860 304
Kieran Bourke Partner
0417 418 007
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Tumut, NSW

10 Sylvia Place

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 128

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