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Bi Lo Supermarket, 54 Old Bar Road Old Bar, NSW 2430

Bi Lo Supermarket, 54 Old Bar Road,
Old Bar, NSW 2430

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Successful Coastal Supermarket with Upside

  • 15 year lease to Coles
  • Rare and affordable supermarket
  • Strong trading history, above threshold
Secure 15 year lease plus options to 2041.
Impressive performance above threshold, resulting in immediate rental growth.
Conversion to Coles designed to further increase turnover & rental.
Ideal 1,674 sqm store tailored to its location.
Centrally located site of 3,514 sqm with 61 car spaces.
Growing population boosted by lifestyle, retirement & tourism.
Easily managed single tenant investment.
Significant income tax saving depreciation.
Rent: $448,526 pa.

Auction 1:30pm Wednesday 25 June.
Temporary Relocation: Crown Conference Centre.
25 Whiteman St, Southbank, Opposite Crown Towers.

Property ID: 501163443Last Updated: 15 Aug 2016

04138603...
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Bi Lo Supermarket, 54 Old Bar Road
Old Bar, NSW 2430
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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