593 Main Road,
Glendale, NSW 2285

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of 593 Main Road

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BLUE CHIP COLES SERVICE STATION

15 Year lease
Prime 2,356sqm main road location
Net income $317,715* + GST

- 15 Year lease plus 2 x 5 year options until 2034
- Prime 2,356sqm main road location with dominating exposure (22,100* cars pass daily)
- Situated on a major arterial road linking F3 Freeway to greater Newcastle and Lake Macquarie
- Strategically positioned service station including Coles Express convenience store and car wash
- Annual CPI increases
- Secure retail investment with attractive tax depreciation benefits
- Net income $317,715* + GST per annum

For sale by way of Auction on Tuesday 3rd March 2015 at 10:30am

Venue: Mezzanine Level, 50 Margaret Street, Sydney

For further information please contact exclusive selling agents CBRE

*approximately

Glendale, 2285 demographic data

The median household income for Glendale is $1,514, 6% higher than Regional New South Wales's household income of $1,434. Glendale has a younger age profile compared to the rest of Regional New South Wales (median age 36 vs 43). Property ownership data shows 53% of property owners in Glendale have a mortgage.

3,260

Population

$1,514 per week

Median household income

36 years

Median age

Owners

Most residents

Families

Most households

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