ASX Convenience Retail Investment - High Profile Major Sydney Arterial

Description

CBRE are pleased to offer to the market this high profile ASX convenience retail investment at 192-198 Pennant Hills Road, Thornleigh NSW for sale via Private Treaty.

This opportunity has the following key highlights:

+ Twenty (20) year net lease to 2034 to multi-national fuel conglomerate Ampol plus options to 2054
+ Rent paid annually in advance
+ Ampol (ASX:ALD): top 100 ASX listed company with 1,800+ sites & market cap of $6.7 billion^
+ Gateway position just 4 minutes from the key M1 on-ramp, servicing NSW’s fastest-growing corridor between Sydney and Newcastle
+ Strategic location close to major national and international brands including McDonald’s, Bunnings, Woolworths and Aldi
+ Thornleigh: rapid growth suburb with the population forecast to grow 29.4% by 2036^^close to double the state average growth
+ Impressive freehold convenience retail building and automated drive-thru car wash
+ Easily managed investment with one market leading ASX conglomerate, Ampol
+ Tenant responsible for all usual outgoings as per the lease, including rates, taxes & insurance
+ Attractive annual CPI rent reviews capped at 7%
+ Net Income: $678,254 pa + GST (estimated from 8 March 2025)

To be sold by Private Treaty

Please contact the exclusively appointed sales team for more information

^ ASX: as of 13/11/2024
^^ Forecast.id
*Approx

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Contact agents
Darren Beehag Senior Director
0411 226 223
Rhys Parker Partner
0451 101 042
John Ingui Junior Sales Associate
0486 011 406
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Thornleigh, NSW

192-198 Pennant Hills Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 173

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