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Burgess Rawson - Sydney
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123 Smith Street Kempsey, NSW 2440

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123 Smith Street Kempsey, NSW 2440

Showrooms & Bulky Goods • Shop & Retail • Warehouse, Factory & Industrial
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Land area

0.69ha (1.72 acres)

Floor area

3297.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

25 Jun 2019

Rarely Offered Investment Opportunity - Top ASX Listed Tenant - Entry Priced Bunnings

  • Highly prominent site
  • Long established Bunnings
  • 12 year lease + options to 2049
Bunnings Warehouse: arguably Australia’s most dominant retailer
Wide 44 metre retail frontage with multidirectional Pacific Highway access
Modern facility of 3,297 sqm
Ample parking with 48 on-title car spaces
Growing Mid-North Coast trade catchment, of 30,000 people
Surrounding major brands
Guaranteed growth: 3% annual increases
Bunnings pay all usual outgoings, as per lease, including land tax (SHB)

+ Massive 6,947 sqm site
+ Long established and successful Bunnings
+ 12 year lease commenced June 2012 plus options to 2049
+ Income: $344,364 pa + GST (June 2019)

Auction
11am AEST Tuesday 25 June 2019
Doltone House Hyde Park, Sydney

Property ID: 503207626Last Updated: 19 Aug 2019

Burgess Rawson - Sydney
123 Smith Street
Kempsey, NSW 2440
Simon Staddon
Darren Beehag

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000

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Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Simon Staddon

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Simon Staddon
Burgess Rawson - Sydney
123 Smith Street Kempsey, NSW 2440

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

Kind Regards,

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