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Cushman & Wakefield - Brisbane

3 Lambrick Avenue Bakewell, NT 0832

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3 Lambrick Avenue,
Bakewell, NT 0832

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

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Cushman & Wakefield - Brisbane
3 Lambrick Avenue
Bakewell, NT 0832
Cushman & Wakefield - Brisbane

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

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Top Performing Strategic ‘Pad’ Site Neighbouring Woolworths

  • Brand new 15 year net lease
  • Global fuel & convenience retail giant
  • Net Income $390,000 pa + GST
Cushman & Wakefield is pleased to present to the market 3 Lambrick Avenue, Bakewell (Darwin) for Sale via Auction.

The property has the following key characteristics:

- 15 year net lease to 2035 + options to 2065
- EG Group - Multinational fuel & convenience retail giant with 2019 Revenue of $32.4 Billion & 6,012 locations globally
- EG Group - Acquired Woolworths Petrol for $1.7 Billion & operate 540+ Woolworths Caltex service stations
- Prominent corner ‘pad’ site at entrance to strong performing Shopping Centre anchored by Woolworths, BWS, Guzman Y Gomez & Medical Centre
- Bakewell/Palmerston - Young, vibrant regional hub, 20 km from Darwin CBD, population 35,000+
- Newly built in 2016, the site offers modern improvements and dual-skinned fibre-glass tanks
- Favourable environmental provisions, ownership of the tanks and remediation the responsibility of EG Group
- Tenant pays all outgoings including Land Tax
- Net Income $390,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

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Property ID: 503664042Last Updated: 28 Dec 2020

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Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Michael Collins

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Michael Collins
Cushman & Wakefield - Brisbane
3 Lambrick Avenue Bakewell, NT 0832

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

Kind Regards,

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