Renewed 5 Year Lease to Viva Energy (ASX:VEA) | 100% Net Lease | Rent Paid Annually in Advance

Description

CBRE is pleased to offer to market Viva Energy, Coffs Harbour NSW, to the market via our Investment Portfolio Auction 183.

The property has the following key highlights:

+ Renewed 5 year net lease to 2030 plus one (1) further five (5) year option to 2035.
+ Viva Energy Australia (ASX: VEA): ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail operator with 1,500 sites nationally. (1)
+ Annual rent reviews, with the greater of CPI and 2.75% increases.
+ Net lease with tenant paying all outgoings including rates, insurances and Land Tax.
+ Tenant pays full year annual rent in advance, a significant upside to the Landlord.
+ Constructed in 2015, offering modern improvements and state-of-the-art equipment.
+ Exceptional Year 1 tax depreciation, with a potential $268,000 (81%*) of the current years income being free of income tax!
+ Immaculate 1,999 sqm site, a 221 sqm Coles Express convenience store and 40m* of frontage to Pacific Highway.
+ Strategic Pacific Highway location, the vital arterial that links Sydney & Newcastle with 600,000 vehicles passing weekly.
+ Coffs Harbour: one of NSW’s most consistent high-growth coastal cities, with a population forecast to reach 97,000+* by 2046. (2)
+ Net Income: $330,000 pa + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Tuesday 31 March 2026
Yallamundi Rooms – Sydney Opera House, Sydney

(1) Viva Energy
(2) Forecast.id

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Contact agents
Rick Jacobson Senior Negotiator
0413 830 083
Raoul Holderhead Senior Director
0413 860 304
Kieran Bourke Senior Director
0417 418 007
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Coffs Harbour, NSW

210 Pacific Highway

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 183

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