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Officeworks, 15-17 Victoria Street, Taree, NSW 2430

Officeworks, 15-17 Victoria Street, Taree, NSW 2430

Retail

  • Sold Contact Agent
  • Thu 14-Dec-17

Secure Triple Net Wesfarmers Lease

  • Secure 8 yr lease + options to 2041
  • New 1,582sqm building constructed 2013
  • Fixed 3% increases assuring growth

  • Land Area
  • 2945.00 m² (approx)
  • Floor Area
  • 1,582 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Feb 16, 2018

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7,140 Bourke Street

Melbourne Vic 3000

Raoul Holderhead
Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Kieran Bourke

Secure Triple Net Wesfarmers Lease

Secure 8 year lease to 2021 plus options through to 2041
Fixed 3% increases – assuring growth
Lessee pays usual outgoings including Land Tax, as per lease
Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited – ASX Top 10 company Market Cap $48.61 billion
Immaculate 1,582 sqm building constructed 2013
High profile 2,945 sqm main road site, with combined frontage of 80 metres incl. rear ROW
Important 35 on-site car spaces
Amongst national traders incl. KFC, Toyota, Shell Coles Express & Autobahn
Greater Taree City: population of 50,242 generating $3.27 billion in GRP – population forecast to grow by over 40% to 70,708 by 2036
Substantial income saving depreciation
Net Income: $325,696 pa + GST

Auction 11am AEDT Tuesday 12 December 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Officeworks, 15-17 Victoria Street, Taree, NSW 2430

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