Brand New Total Tools Investment | New 11 Year Lease

Description

CBRE is pleased to offer to the market this brand new Total Tools Investment at 11-13/21 Peisley Street, Orange NSW for sale via our Investment Portfolio Auction 164.

The property has the following investment highlights:

+ Brand new 11 year lease to 2034 plus options to 2044
+ Total Tools: Australia’s premier trade & industrial tools retailer with 112 locations nationwide^, majority owned by Metcash: Australia’s leading distribution and marketing company. market cap of $3.6B*
+ Underpinned by an experienced franchisee with a corporate guarantee
+ Landlord friendly net lease, tenant pays all outgoings including rates, land tax, strata levies, maintenance, and management fees (cap. of $25,000)
+ Greater of 3% or CPI rent reviews, ensuring strong rental growth
+ Newly built in 2023 offering maximum depreciation benefits
+ Lease guaranteed to Metcash Limited holding company
+ Ample onsite parking – 21 car spaces on title
+ Strategically located in close proximity to Blackwoods, Coates Hire, Reece Plumbing, Bridgestone, Shell and Harley-Davidson
+ Central West: Thriving region supporting over 181,500 residents, set to experience significant growth**
+ Net Income: $302,400 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.

^totaltools.com.au
*metcash.com
**dataau.com.au/profile/central-wes
***approx.

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Contact agents
Yosh Mendis Senior Director
0434 413 188
Flynn McFall Negotiator
0481 187 191
Kieran Bourke Senior Director
0417 418 007
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Orange, NSW

11-13/ 21 Peisley Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 164

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