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  • For sale
Rare Blue Chip Convenience Retail Investment - #1
Rare Blue Chip Convenience Retail Investment - #2
Rare Blue Chip Convenience Retail Investment - #3
Rare Blue Chip Convenience Retail Investment - #4
Rare Blue Chip Convenience Retail Investment - #5
Rare Blue Chip Convenience Retail Investment - #6
Rare Blue Chip Convenience Retail Investment - #7

For Sale

Expressions of Interest closing 28th Jul 2022 via email
Colliers and Bawdens are pleased to offer a truly rare Sydney metro long WALE retail investment.

•Newly built Service Centre with long leases
•Site area: 5,598* square metre with 91.43* metre frontage
•Well-established Sydney Metropolitan location
•McDonald’s Australia: 20 years + 2 x 10 year options
•7-Eleven Stores: 15 years + 4 x 5 year options
•Harry’s Café de Wheels: 8 years + 5 year option
•Favourable net lease structure
•Strong 3% annual rental increases
•Weighted Average Lease Expiry (WALE) by income: 14.5 years*
•Substantial depreciation allowances
•Strong underlying land value offering future vertical high density redevelopment with zone IN2 Light Industrial and 26 metre height limits (up to 9 levels) under Cumberland LEP 2021
•Fully leased net passing income of $704,147.28 pa* + GST

For sale via International Expressions of Interest closing on Thursday 28 July 2022 at 2pm (AEST).

For additional information, please contact the exclusive agents.

*Approximately