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Colliers International - Newcastle

Shop 2, 13-19 Allen Avenue Forster, NSW 2428

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Shop 2, 13-19 Allen Avenue,
Forster, NSW 2428

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Map of Shop 2, 13-19 Allen Avenue

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Fully Leased BWS Premium Investment

  • Ground floor 204sqm* retail shop
  • Easily managed premium investment
  • Net income $65,144 per annum* plus GST
- A premium investment opportunity, comprising a ground floor retail shop situated within a suburban convenience retail centre, which incorporates a mini-mart, butcher, hairdresser, bakery and takeaway store. The store is easily accessible with convenient parking for 20 vehicles adjacent to the front entrance.

- The shop is fully leased to Endeavour Group (who operate BWS Liquor and Dan Murphy’s), who have been in occupation since 2008 and have recently entered into a new five year lease expiring in July 2025, with options to 2045.

- The property is situated in the Mid North Coast tourist destination of Forster, adjacent to the exclusive Forster Keys residential area and within close proximity to new greenfield development areas.

- The property is being offered For Sale by Public Auction, unless sold prior, on Thursday 30 July 2020 at Level 30, Grosvenor Place, 225 George Street, Sydney NSW 2000 commencing at 10.30am.


*Approximate

Property ID: 503557594Last Updated: 4 Aug 2020

Colliers International - Newcastle
Shop 2, 13-19 Allen Avenue
Forster, NSW 2428

Colliers International - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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Colliers International - Newcastle
Colliers International - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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Peter Macadam

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Peter Macadam
Colliers International - Newcastle
Shop 2, 13-19 Allen Avenue Forster, NSW 2428

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

Kind Regards,

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