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Stonebridge Property Group - Sydney

Officeworks, 14 Stockland Drive Kelso, NSW 2795

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Officeworks, 14 Stockland Drive,
Kelso, NSW 2795

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

Key property information

Floor area

Car spaces

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Stonebridge Property Group - Sydney
Rory Alexander
Harry Curtain
Michael Collins

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
Officeworks, 14 Stockland Drive
Kelso, NSW 2795

Map of Officeworks, 14 Stockland Drive

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Affordable Blue Chip Retail Asset – ASX Listed $80BN Wesfarmers Covenant

  • Prime Retail Location
  • ASX Top 10 Lease Covenant
  • Fixed Annual Rent Increases
Stonebridge is pleased to present Officeworks Bathurst for sale via National Portfolio Auction on Wednesday 9 April at 11am (AEST).

The asset has the following key investment features:

- Secure 5 year lease to 2027 plus options to 2042 with guaranteed income growth via fixed 2.5% annual rent increases

- Officeworks Ltd – Wholly owned subsidiary of ASX Wesfarmers Ltd with revenues of $44.2Bn across 171+ stores

- Boasting 1,007 sqm* of premium lettable area with prominent signage, rear loading dock and access to 150+ car parks

- Longstanding Officeworks (10+ years in occupation) strategically positioned 1.5km from Woolworths, Big W & Kmart anchored Armada Bathurst shopping centre that services over 1.2 million visitors annually

- Prime retail location surrounded by national retailers, Bunnings, The Good Guys, Ampol, Autobarn, Supercheap Auto & more.

- Prominent exposure to the Great Western Highway (29,905+ vehicles daily) the major arterial road between Bathurst and Sydney

- Bathurst (Central West) – One of the largest & fastest growing regional cities in NSW, hosting a $3Bn economy and an expected population booming to 58,622+ by 2041

- Net Income - $160,555 pa* + GST

Officeworks Bathurst is for sale via National Portfolio Auction on Wednesday 9 April at 11am (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1213

Kelso, 2795 demographic data

10,039
Population
$1,737 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

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