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BILO, 54 Old Bar Road Taree, NSW 2430

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BILO, 54 Old Bar Road,
Taree, NSW 2430

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Successful Coastal Supermarket with Upside Planned Conversion and Re-badged to Coles

• Secure 15 lease plus options to 2041
• Impressive performance above threshold, resulting in immediate rental growth
• Conversion to Coles designed to further increase turnover & rental
• Ideal 1,674 sqm store tailored to its location
• Centrally located site of 3,514 sqm with 61 car spaces
• Growing population boosted by lifestyle, retirement & tourism
• Easily managed single tenant investment
• Significant income tax saving depreciation
• Rent: $144,526 pa

Property ID: 501179151Last Updated: 13 Feb 2017

04122444...
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BILO, 54 Old Bar Road
Taree, NSW 2430
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
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