– Leased to St George Bank
– Leased till July 2013 + 5 year option
– Absolute prime retail position between Post Office and Bakers Delight
– Annual 3.5% increases
– Tenant pays all outgoings incl. land tax (single holding)
– Affordable price bracket
– Net income: $74,428 approx. + GST (as at 24/07/09)
Archives: Properties
90 Lachlan Street FORBES
– Secure lease to Westpac Bank until July 2014, with 3×5 year options
– Freestanding 2 storey building with excellent street exposure
– On-site parking at rear
– Potential for residential or commercial tenant upstairs
– Thriving township, shire population exceeds 10,000 people
– Net Income: $46,267 p.a. approx. + GST
29 Port Stephens Street RAYMOND TERRACE
– Leased to NSW Department of Community Services (DOCS)
– Versatile, high quality building includes 24 secure undercover car spaces
– Built 2009 – full depreciation benefits
– Centrally located on main thoroughfare
– High growth Newcastle / Hunter region
– Tenant pays all outgoings as per lease
– Net Income: $227,032 p.a. (approx.) + GST
90 Wallendoon Street COOTAMUNDRA
– Occupied by Post Office since first built in 1881
– Long term 5+5+5 year lease commenced in Feb 2001.
– Absolute centre of town
– 3 street frontages
– Massive 2,130 sqm site
– Tenant pays outgoings
– Excellent alternative to residential investment
– Net income: $26,410 p.a. approx. + GST
1134 Pacific Highway Pymble
– Prime location in Sydney’s upper north shore
– Highway frontage of 127 metres
– The last pub before the F3 Freeway
– 100 metres to Pymble Station
– Prominent two level building on 2,647 m2 site
– Includes BWS retail outlet, 1st floor guest rooms, gaming machines and self service TAB terminal
– Ample car parking on title
– Current Net Rent: $247,533 p.a.
1 Duck Street AUBURN
– Leased to national retailers (over 200 stores)
– Corner location adjacent to Hungry Jacks and near Bunnings, Officeworks, Clive Peeters and others
– Modern building on 2,928 sqm site
– Onsite parking for 26 cars
– Easy access to Parramatta Road
– Net Income: $360,300 p.a. (approx.) + GST as at 27/07/09
38-40 Victoria Street TAREE
– New 5 year lease expiring Dec. 2014
– 5+5+5+5 year options
– 1,770m² main road corner site with three street frontages
– Major regional commercial centre
– Fixed 3% annual reviews
– Total Net Income: $135,553pa + GST
(as at 14/12/09)
Interstate bidding by prior arrangement
194a High Street MAITLAND
– 5 year lease + 5 year option
– Main road exposure
– Ample on-site customer parking
– Versatile recently refurbished building
– High bay loading access at rear
– Huge site area of 2,503m2
– Major growth area
– Future rental increases
– Net Income: $115,341pa + GST
476 High Street MAITLAND
– Up to 30 year lease term
– 5 year lease with 5+5+5+5+5 year options
– Prominent CBD retail corner site of 1,232m2 approx
– Long established and successful Hunter Valley hotel since 1851
– $2.5m renovation completed 2007
– 3 bars, restaurant and function room
– 15 poker machine entitlements (S.I.A 25 approved), outdoor beer garden, TAB area, 18 guest rooms, amenities and meeting room
– Net Income: $625,000 + GST
146 Green Street LOCKHART
– Guarantor: IGA Distribution Pty Ltd, a wholly owned subsidiary of Metcash Trading Ltd
– Rural township close to Wagga Wagga
– No competition, only supermarket in town
– 10 year lease expiring November 2013
– Experienced operator with long proven track record in town
– Substantial freehold building – 984 sqm approx.
– Tenant pays all normal outgoings
– Net Income: $67,294 p.a. approx. + GST