SOLD
72 Bells Line of Road, North Richmond, NSW 2754
Brand New Trophy Fast Food & Service Station Investment
Coles Express (Wesfarmers Limited): New 10 year lease plus options to 2042
Gloria Jeans (Retail Food Group Limited): New 10 year lease plus options to 2037
Annual 3.5% rent increases and CPI reviews
Strategic location on main arterial at the gateway of North Richmond’s commercial centre
Significant landholding of 2,752 sqm with 64m frontage
New improvements comprising Coles Express service station, convenience store, large fuel canopy and Gloria Jeans Cafe with Drive Thru
Brand new development providing substantial taxation saving depreciation benefits
Hawkesbury City Council: Largest local government area in Metro Sydney well positioned for economic growth due to rapidly increasing population
Net Income: $379,000 pa + GST
Auction 11am AEDT Tuesday 20 February 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Gloria Jeans (Retail Food Group Limited): New 10 year lease plus options to 2037
Annual 3.5% rent increases and CPI reviews
Strategic location on main arterial at the gateway of North Richmond’s commercial centre
Significant landholding of 2,752 sqm with 64m frontage
New improvements comprising Coles Express service station, convenience store, large fuel canopy and Gloria Jeans Cafe with Drive Thru
Brand new development providing substantial taxation saving depreciation benefits
Hawkesbury City Council: Largest local government area in Metro Sydney well positioned for economic growth due to rapidly increasing population
Net Income: $379,000 pa + GST
Auction 11am AEDT Tuesday 20 February 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property Info
Municipality
North Richmond
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Jamie Perlinger
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