Coates 22 Wallarah Road,
Muswellbrook, NSW 2333

Warehouse, Factory & Industrial

Key property information

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Coates Hire - National Tenant - 12 Year Lease

12 Year Lease + Opts
Well known Coates Hire Company
Tenant pays outgoings

Leased to April 2021 + 2 x 5 year options.
Australia's largest equipment hire company with 230 branches Australiawide plus overseas interests.
Growth Hunter Valley region underpinned by mining.
Tenant pays all outgoings as per leases.
Annual 3.25% fixed increases.
Site area: 4,756sqm.
Building area: 523sqm.

Net Income: $46,780pa + GST.

Marketed in conjunction with Coates Hire 55 Mount Thorley Road Singleton (Mount Thorley) To be sold separately.

For sale in Burgess Rawson Portfolio Auction 77 on:

Tuesday 11 December 2012 at 2:00pm AEDST
Mezzanine Level
50 Margaret Street, Sydney

For more information on this property and other auction listings visit:
www.inv estmentportfolioauction.com.au

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au

Muswellbrook, 2333 demographic data

The median household income for Muswellbrook is $1,603, 12% higher than Regional New South Wales's household income of $1,434. Muswellbrook has a younger age profile compared to the rest of Regional New South Wales (median age 35 vs 43). Property ownership data shows 54% of property owners in Muswellbrook have a mortgage.

12,272

Population

$1,603 per week

Median household income

35 years

Median age

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Most households