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Stonebridge Property Group - Sydney

148 - 158 Bridge St Muswellbrook, NSW 2333

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148 - 158 Bridge St,
Muswellbrook, NSW 2333

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Stonebridge Property Group - Sydney
Michael Collins
Tom Moreland
Kevin Tong 汤聪瑜
Rorey James

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
148 - 158 Bridge St
Muswellbrook, NSW 2333

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Favourable Triple Net Lease – Secure ASX 200 Listed Tenant

  • 11 Year Triple Net Lease to 2027
  • Secure ASX 200 Listed Tenant
  • Convenience Retail Giant – 1,350+ outlet
Stonebridge National Investment Sales is pleased to present to the market Shell Coles Express - 148-158 Bridge Street, Muswellbrook for Immediate Sale via Offers to Purchase

The asset has the follow key investment features:

• 10 year triple net lease to 2027 + 7 x 10 year options to 2097

• Viva Energy Australia - ASX listed tenant providing one quarter of Australia’s fuel requirements^, market capitalisation of ~ $4.0 Bn1

• Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^

• Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges

• Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure

• Prominent 4,499 sqm corner site comprising two individual lots, providing 61m* frontage to Bridge Street, the major thoroughfare linked to the New England Highway

• Strategic position near national retailers Woolworths, Australia Post, Big W, Hungry Jack’s, Zambrero & Muswellbrook Hospital

• Muswellbrook - 175 km* from Sydney in the Upper Hunter Region of NSW, an area rich in mining, tourism and agriculture

• Fixed 3% annual rent increases

• Net Income $219,899 pa* + GST (as at August 2022)

*Approx. ^Viva Energy Australia 1ASX

Michael Collins

0404 023 2...

Tom Moreland

0408 072 8...

Rorey James

0439 400 0...

Kevin Tong

0422 848 8...

Property Code: 418

Property ID: 504078903Last Updated: 13 Oct 2022

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