CBRE are pleased to offer to the market K hub, 90-94 Gipps Street (and Clark Lane), Bega NSW for sale via Private Treaty. The property has the following key highlights:
+ 15 year lease to K Hub to October 2029 plus options to 2049.
+ K hub: wholly owned by ASX top 10 listed giant Wesfarmers with current market cap of $94.07 Billion. (1)
+ Important store servicing large trade catchment, 2 hour drive to next closest K hub/Kmart store.
+ 5,844sqm* building incorporating K hub and offices plus 76 basement car parks and truck loading.
+ Immaculate and award winning 2,620sqm* large format K hub retail store constructed 2014.
+ Seamless integration and exposure to Coles Supermarket and 196 on-grade car parks.
+ Prime 3,282sqm* freehold landholding with dual street frontage.
+ Absolute CBD location amongst Coles, Woolworths, Big W, Dan Murphy’s and more.
+ Bega: capital township of Bega Valley Shire with growing trade catchment of 33,000+
+ Net Income: $633,441pa* For Sale via Private Treaty
– 7.5%.
*Approx 1. ASX