• For Sale
  • Retail
Blue Chip Investment in the heart of Newcastle
Blue Chip Investment in the heart of Newcastle
Blue Chip Investment in the heart of Newcastle

For Sale

Expressions of Interest 22nd Oct 2020 Ground Floor, 18 Honeysuckle Drive, Newcastle
Colliers International is excited to present to the market a brand-new flagship service station anchored by one of the worlds largest and most reliable integrated energy companies

Enjoying long term secure income for 10 years, this service station is situated on the prime corner of Elizabeth Street and Industrial Drive and benefits from a 24-hour flow of traffic including B-Double and heavy freight diesel transports.

Investment highlights include:
- 10-year lease to bp Australia
- Outgoings are recoverable on a net lease structure
- Large corner site area of 6,203sqm (approx)
- Construction complete in mid 2021 with dual canopies for cars and heavy vehicles
- One of the major flagship convenience stores in New South Wales
- Large 4,675sqm hardstand area providing 14 on-grade passenger car spaces and three truck parking bays
- Main road frontage to Industrial Drive, a main arterial road with high volumes of passing traffic - 29,832 AADT.
- 24 hour operation with B-double access, adjacent to largest Port on the East Coast of Australia

Calling for Expressions of Interest for bp Australia to assign an existing development deed and take a new lease in respect of the proposed Service Station, 110 Elizabeth Street, Tighes Hill closing on Thursday 22 October 2020 at 12pm (AEST).

For further information, please contact the exclusive agents Peter Macadam and Harry Bui

Features

20a_SpecialTenants_Store
Special Tenants - Petrol
Brand new dual canopy service station
12a_TotalArea_M_A
Total Area - M
Site area: 6,203sqm (approx)
10_Location
Location / Proximity
Absolute prime gateway location
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Tenant Profile - Anchor
100% income secured by BP Australia

Property Details