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2-4 Peterborough Avenue Lake Illawarra, NSW 2528



2-4 Peterborough Avenue Lake Illawarra, NSW 2528

Shop & Retail • Offices
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Land area


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Tenure type

Tenanted Investment

Sold on

21 Feb 2018

15 Year Lease + Options to 2040 Built New 2015 – Excellent 4% Annual Rent Increases

15 year lease from December 2015 plus options

Highly visible prime corner south coast position – one hour south of Sydney

Site area of 1,750 sqm with wide 94 metre street frontage (incl. 52 metres to highway)

Impressive state-of-the-art 7-Eleven including fuel & convenience store

Strategic location at centre of sprawling Wollongong & Shellharbour urban areas (combined population 281,712)

250 metres from Warilla Grove Shopping Centre

As new improvements attracting major depreciation benefits

Superior net lease with tenant paying all usual outgoings, excluding land tax

4% pa rent increases escalating to $550,000 pa + GST in 2030

Net Income: $328,508 pa + GST (as at Dec. 2017)

Property ID: 502687174Last Updated: 10 Sep 2018

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
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Darren Beehag
Burgess Rawson - Sydney
2-4 Peterborough Avenue Lake Illawarra, NSW 2528

I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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