102 Princes Highway,
Ulladulla, NSW 2539
Shops & Retail • Offices • Other
Key property information
Land area
Floor area
Car spaces
Tenure type
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CBRE - Sydney North
Level 29, 177 Pacific HighwayNORTH SYDNEY, NSW 2060
02 9954 33...
102 Princes Highway
Ulladulla, NSW 2539
Map of 102 Princes Highway
Prime Ulladulla CBD ASX Listed Investment Opportunity
- Long Standing ASX Listed Tenant
- Net Income: $107,126*
- Updated Fit-Out and Building Upgrades
CBRE are proud to present 102 Princes Highway, Ulladulla, a secure retail freehold opportunity leased to Westpac, an ASX listed blue chip tenant. Situated in Ulladulla's retail village, the property returns a generous net annual income of $107,126* with favourable CPI annual increases. The 15-year lease enjoys two (2) three (3) year options from 2027 to 2033 plus recoverable outgoings permitting a secure investment opportunity to one of Australia’s major banks.
102 Princes Highway, Ulladulla benefits from the following key attributes
• Attractive, secure investment opportunity leased to ASX listed major bank on the pristine shores of Ulladulla Harbour
• Generating a significant net annual income of $107,126*
• 15-year lease to 2027 with two (2) three (3) year options to 2033 with annual CPI rental increases
• Capitalise on recent capital expenditure including new internal fit out and building upgrades
• Unmatched Ulladulla Town Centre exposure on Princes Highway home to supporting national brands including Woolworths, Kmart and Commonwealth Bank
• Favourable MU1 Mixed Use zoning permitting an additional level (STCA)
• Set to benefit from infrastructure upgrades along Princes Highway and forecasted population growth to 21,610* by 2051.
102 Princes Highway, Ulladulla is offered for sale via the CBRE National Auction Series hosted at CBRE North Sydney Level 29, 177 Pacific Highway, North Sydney NSW 2060 on Wednesday, 21st August 2024 at 10:30am (AEST).
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
Approximate*. (STCA) Subject to Council Approval. Outline & Labels Indicative.
102 Princes Highway, Ulladulla benefits from the following key attributes
• Attractive, secure investment opportunity leased to ASX listed major bank on the pristine shores of Ulladulla Harbour
• Generating a significant net annual income of $107,126*
• 15-year lease to 2027 with two (2) three (3) year options to 2033 with annual CPI rental increases
• Capitalise on recent capital expenditure including new internal fit out and building upgrades
• Unmatched Ulladulla Town Centre exposure on Princes Highway home to supporting national brands including Woolworths, Kmart and Commonwealth Bank
• Favourable MU1 Mixed Use zoning permitting an additional level (STCA)
• Set to benefit from infrastructure upgrades along Princes Highway and forecasted population growth to 21,610* by 2051.
102 Princes Highway, Ulladulla is offered for sale via the CBRE National Auction Series hosted at CBRE North Sydney Level 29, 177 Pacific Highway, North Sydney NSW 2060 on Wednesday, 21st August 2024 at 10:30am (AEST).
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
Approximate*. (STCA) Subject to Council Approval. Outline & Labels Indicative.
Ulladulla, 2539 demographic data
The median household income for Ulladulla is $1,007, 30% lower than Regional New South Wales's household income of $1,434. Ulladulla has an older age profile compared to the rest of Regional New South Wales (median age 51 vs 43). Property ownership data shows 30% of property owners in Ulladulla have a mortgage.
7,262
Population
$1,007 per week
Median household income
51 years
Median age
Owners
Most residents
Families
Most households
CBRE - Sydney NorthLevel 29, 177 Pacific Highway
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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