Colliers International are pleased to offer For Sale by way of Public Auction, a large format retail centre located at 2-10 Gallipoli Street, St Marys, a long WALE freehold retail property providing a strong cash flow secured by 8 quality tenants.
Providing a make-up of eight quality tenants including leases to national brands Subway, Tradelink, Ultra Tune and Plus Fitness, the property offers the opportunity for an astute investor to capitalise on a fully leased and secure investment whilst benefiting from an injection of surrounding infrastructure in the M9 Outer Sydney Orbital.
Investment Highlights Include:
- 100% leased investment with WALE by income of 4.61 years as at 1 October 2018
- Net passing come of $432,369 per annum approx.
- All outgoings are 100% recoverable from all tenants
- Strong fixed annual increases ranging from 3% - 4%
- Diverse stream of income with relatively new leases
- Security of income and low investment risk
- Already strata titled for future sell down of individual lots
2-10 Gallipoli Street, St Marys is offered by For Sale by way of Public Auction to be held on Thursday 8th November 2018 at 10:30am, Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000.
For more information, please contact the exclusive selling agents below:
04 418 477 888
0488 748 186
02 Nov 2018
2-10 Gallipoli Street, ST MARYS NSW 2760, AUSTRALIA