87-89 Essington Lewis Avenue,
Whyalla, SA 5600
Shops & Retail • Offices • Other
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
87-89 Essington Lewis Avenue
Whyalla, SA 5600
Map of 87-89 Essington Lewis Avenue
8% Yield Anticipated | Entry Level Freehold Retail Opportunity | Stamp Duty Free Investment
- High yield anticipated
- Diverse income streams over 5 tenancies
- Annual CPI reviews
Burgess Rawson is pleased to offer to the market 87-89 Essington Lewis Avenue, Whyalla SA, for sale by Private Treaty.
This investment has the following key highlights:
+ Fully leased investment opportunity across five longstanding retailers.
+ Anchored by Azzopardi Butchers, a century long business established in the 1920's and successfully operated by fifth generation owners.
+ Investor preferred net lease terms with tenants responsible for all usual outgoings.
+ Favourable annual CPI reviews across all tenancies.
+ Well maintained two level freehold incorporating butcher, retail, legal service and disability employment tenancies.
+ Prominent 1,623sqm* two level freehold LAC zoned landholding with 40m* frontage to Essington Avenue and important ROW access at rear of building.
+ Strategically located directly opposite Foodland Shopping Centre.
+ Absolute CBD location with ALDI, BCF, Supercheap Auto, Spotlight and the Woolworths-anchored Westland Shopping Centre all with 3.5km.*
+ Strength of region highlighted by the Australian Federal Governments recent plans to build a world-leading hydrogen power plant in Whyalla SA as part of their $2bn investment in the Hydrogen Headstart Program. (1)
+ Whyalla: largest industrial city and principal centre for manufacturing, 3rd most populous city with over 21,200 residents, median house price increased by 19.2% in the last 12 months. (2)
+ Stamp duty free investment opportunity.
+ Net Income: $94,119 pa* + GST.
For Sale by Private Treaty.
For further information, please contact the exclusive selling agents below:
Zomart He 何梓轩 | 0488 220 8...
Sam Mercuri | 0413 830 7...
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
* Approx
1 SA Premier
2 Whyalla City Council & Realestate.com.au
This investment has the following key highlights:
+ Fully leased investment opportunity across five longstanding retailers.
+ Anchored by Azzopardi Butchers, a century long business established in the 1920's and successfully operated by fifth generation owners.
+ Investor preferred net lease terms with tenants responsible for all usual outgoings.
+ Favourable annual CPI reviews across all tenancies.
+ Well maintained two level freehold incorporating butcher, retail, legal service and disability employment tenancies.
+ Prominent 1,623sqm* two level freehold LAC zoned landholding with 40m* frontage to Essington Avenue and important ROW access at rear of building.
+ Strategically located directly opposite Foodland Shopping Centre.
+ Absolute CBD location with ALDI, BCF, Supercheap Auto, Spotlight and the Woolworths-anchored Westland Shopping Centre all with 3.5km.*
+ Strength of region highlighted by the Australian Federal Governments recent plans to build a world-leading hydrogen power plant in Whyalla SA as part of their $2bn investment in the Hydrogen Headstart Program. (1)
+ Whyalla: largest industrial city and principal centre for manufacturing, 3rd most populous city with over 21,200 residents, median house price increased by 19.2% in the last 12 months. (2)
+ Stamp duty free investment opportunity.
+ Net Income: $94,119 pa* + GST.
For Sale by Private Treaty.
For further information, please contact the exclusive selling agents below:
Zomart He 何梓轩 | 0488 220 8...
Sam Mercuri | 0413 830 7...
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
* Approx
1 SA Premier
2 Whyalla City Council & Realestate.com.au
Whyalla, 5600 demographic data
The median household income for Whyalla is $1,658, 39% higher than Regional South Australia's household income of $1,190. Whyalla has a younger age profile compared to the rest of Regional South Australia (median age 46 vs 47). Property ownership data shows 51% of property owners in Whyalla have a mortgage.
3,609
Population
$1,658 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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