Officeworks, 15-17 Victoria Street,
Taree, NSW 2430
Shops & Retail
Key property information
Land area
Floor area
Property extent
Tenure type
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Map of Officeworks, 15-17 Victoria Street
Secure Triple Net Wesfarmers Lease
- Secure 8 yr lease + options to 2041
- New 1,582sqm building constructed 2013
- Fixed 3% increases assuring growth
Secure 8 year lease to 2021 plus options through to 2041
Fixed 3% increases – assuring growth
Lessee pays usual outgoings including Land Tax, as per lease
Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited – ASX Top 10 company Market Cap $48.61 billion
Immaculate 1,582 sqm building constructed 2013
High profile 2,945 sqm main road site, with combined frontage of 80 metres incl. rear ROW
Important 35 on-site car spaces
Amongst national traders incl. KFC, Toyota, Shell Coles Express & Autobahn
Greater Taree City: population of 50,242 generating $3.27 billion in GRP – population forecast to grow by over 40% to 70,708 by 2036
Substantial income saving depreciation
Net Income: $325,696 pa + GST
Auction 11am AEDT Tuesday 12 December 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Fixed 3% increases – assuring growth
Lessee pays usual outgoings including Land Tax, as per lease
Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited – ASX Top 10 company Market Cap $48.61 billion
Immaculate 1,582 sqm building constructed 2013
High profile 2,945 sqm main road site, with combined frontage of 80 metres incl. rear ROW
Important 35 on-site car spaces
Amongst national traders incl. KFC, Toyota, Shell Coles Express & Autobahn
Greater Taree City: population of 50,242 generating $3.27 billion in GRP – population forecast to grow by over 40% to 70,708 by 2036
Substantial income saving depreciation
Net Income: $325,696 pa + GST
Auction 11am AEDT Tuesday 12 December 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Taree, 2430 demographic data
The median household income for Taree is $968, 32% lower than Regional New South Wales's household income of $1,434. Taree has an older age profile compared to the rest of Regional New South Wales (median age 45 vs 43). Property ownership data shows 37% of property owners in Taree have a mortgage.
16,715
Population
$968 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
Officeworks, 15-17 Victoria Street
Taree, NSW 2430
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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