17-19 Old Sturt Highway,
Nuriootpa, SA 5355
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
17-19 Old Sturt Highway
Nuriootpa, SA 5355
Map of 17-19 Old Sturt Highway
Purpose-Built Investment Anchored by Global Automotive Giant | Zero Stamp Duty
- Head lease to Bridgestone for 10 years
- Strong and certain rental growth of 3%
- Stamp duty free investment
Burgess Rawson and Cushman & Wakefield are pleased to offer to the market, 17-19 Sturt Highway, Nuriootpa SA for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ 10 year head lease to Bridgestone plus options to 2037
+ Strong and certain annual rental increases of 3% fixed
+ Bridgestone: Australia’s largest tyre retailer with 339 stores nationally, market cap of AUD $30 billion & wholly owned subsidiary of Bridgestone Corporation
+ Tenant pays all usual outgoings including land tax
+ Land rich 4,868sqm* highway site with dual street frontage
+ Purpose-built Bridgestone with direct access to OId Sturt Highway, a key national transport route
+ Stamp duty free investment with outstanding depreciation benefits
+ Dual heavy vehicle access points to Old Sturt Highway, featuring a large heavy-duty concrete hardstand with extensive on-site car parking
+ Nuriootpa: the commercial heart of the world-renowned Barossa Valley, Australia’s most famous wine region
+ Net Income: $197,077 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26 October 2022
Crown Casino, Melbourne
Please contact the exclusively appointed agents for more information.
*approx.
The property has the following investment highlights:
+ 10 year head lease to Bridgestone plus options to 2037
+ Strong and certain annual rental increases of 3% fixed
+ Bridgestone: Australia’s largest tyre retailer with 339 stores nationally, market cap of AUD $30 billion & wholly owned subsidiary of Bridgestone Corporation
+ Tenant pays all usual outgoings including land tax
+ Land rich 4,868sqm* highway site with dual street frontage
+ Purpose-built Bridgestone with direct access to OId Sturt Highway, a key national transport route
+ Stamp duty free investment with outstanding depreciation benefits
+ Dual heavy vehicle access points to Old Sturt Highway, featuring a large heavy-duty concrete hardstand with extensive on-site car parking
+ Nuriootpa: the commercial heart of the world-renowned Barossa Valley, Australia’s most famous wine region
+ Net Income: $197,077 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26 October 2022
Crown Casino, Melbourne
Please contact the exclusively appointed agents for more information.
*approx.
Property ID: 504167467Last Updated: 1 Mar 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Cushman & Wakefield (RLA 315726) - AdelaideLevel 1, 123 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Total Tools, 1/29 Mount Barker Road,Mount Barker, SA 5251 1207 m²Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial