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130 Cormorant Road Kooragang, NSW 2304

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130 Cormorant Road,
Kooragang, NSW 2304

Shop & Retail • Warehouse, Factory & Industrial • Showrooms & Bulky Goods

Price information

Sale - Expression of Interest

Contact Agent

Under Contract

Key property information

Land area

Floor area

Parking info

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$769,736
Number of Tenants
5 Tenants

Private inspections

to arrange a private inspection.
Next Commercial
Anthony Bray

Next Commercial

Level 1 The Moorings, James Craig Rd
ROZELLE, NSW 2039
Next Commercial
130 Cormorant Road
Kooragang, NSW 2304

Map of 130 Cormorant Road

Directions
  • Train stations within 5 km of 130 Cormorant Road, Kooragang, NSW 2304Distance
    Waratah Station3.6 km
    Hamilton Station4.1 km
    Newcastle Interchange4.5 km
    Warabrook Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 130 Cormorant Road, Kooragang, NSW 2304Distance
    Teal St Opp Sandpiper CL872 m
    Teal St at Sandpiper CL913 m
    Ingall St Opp Mayfield East Public School1.9 km
    Mayfield East Public School, Ingall St1.9 km
    Ingall St Opp Bell Pl2 km
    POWERED BY HERE ©
POWERED BY HERE ©

Global & National Tenants - Strategic Convenience Retail & Distribution Centre

  • ASX and NYSE Listed Anchor Tenants
  • Significant 21,000sqm corner landholding
  • Net Income $769,736 + GST
Cushman & Wakefield in conjunction with Next Commercial are pleased to present to the market 130 Cormorant Road, Kooragang (Newcastle) for sale via Expressions of Interest.

This exceptional offering has the following key characteristics:

- Prized Convenience Retail, Fast Food & Distribution Centre with 86% of income underpinned by global and national tenant covenants
- Viva Energy Australia Pty Ltd - Wholly owned subsidiary of ASX listed Viva Energy Group Ltd (ASX:VEA) with market capitalisation of $3.90 billion. Local network of over 1,250 locations across Australia
- Elgas Ltd - Wholly owned subsidiary of Fortune 500 Linde PLC, the world’s largest industrial gas company by market share/revenue. Listed entity on German & New York Stock Exchange with market cap of over $148 billion
- KFC - Iconic fast food brand serving 2 million customers weekly across 640 outlets nationally
- Barrington Bakery - Award winning, third generation bakers with 6 sites across New South Wales
- BayWash - 24 hour fully automated car wash facilities
- Newly purpose-built distribution facility, service station (with diesel truck stop) & convenience centre with KFC drive thru and automated/manual car wash facility, offering significant depreciation benefits
- Strategic 21,000 sqm corner site with direct access to Cormorant Road
- Surplus land for future development upside (STCA)
- Viva Energy rental paid annually in advance
- Fixed 3% and CPI annual rent increases
- Net Income $769,736 + GST

The property is for sale via Expressions of Interest closing Wednesday 25 August at 3pm.

For more information, please contact the exclusively appointed Cushman & Wakefield and Next Commercial property professionals.

Property ID: 503874562Last Updated: 15 Sep 2021

Agency contacts

Next Commercial
Level 1 The Moorings, James Craig Rd
ROZELLE, NSW 2039
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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