174 Princes Highway,
Nowra, NSW 2541
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sold
$3,320,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 174 Princes Highway
10 Year Lease to Barbeques Galore Dominant Trader in Bulky Goods Precinct
New 10 year lease to 2024, with option to 2034
National brand with 87 stores Australia-wide
Barbeques Galore in occupation for 16 years
Building area of 1,687 sqm (land area of approx. 1.38 hectares)
Neighbouring retailers including Bunnings, a new Masters store, Fantastic Furniture and others
Value add opportunities
Substantial depreciation benefits
Attractive fixed 4% annual rent increases (income $348,000 in 2024*)
Net Income: $245,400 pa + GST (as at 17 July 2015).
Auction 2pm Tues 19 May, 50 Margaret St Sydney
Michael Gilbert 0430 024 790
Rhys Parker 0451 101 0...
National brand with 87 stores Australia-wide
Barbeques Galore in occupation for 16 years
Building area of 1,687 sqm (land area of approx. 1.38 hectares)
Neighbouring retailers including Bunnings, a new Masters store, Fantastic Furniture and others
Value add opportunities
Substantial depreciation benefits
Attractive fixed 4% annual rent increases (income $348,000 in 2024*)
Net Income: $245,400 pa + GST (as at 17 July 2015).
Auction 2pm Tues 19 May, 50 Margaret St Sydney
Michael Gilbert 0430 024 790
Rhys Parker 0451 101 0...
Property ID: 501528903Last Updated: 21 Jul 2015
04511010...
174 Princes Highway
Nowra, NSW 2541
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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