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Burgess Rawson - Brisbane

Wattyl Paints, 4/78 Horne Street Sunbury, VIC 3429

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Wattyl Paints, 4/78 Horne Street,
Sunbury, VIC 3429

Showrooms & Large Format Retail • Shops & Retail • Other

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Burgess Rawson - Brisbane
Craig Chapman

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
Wattyl Paints, 4/78 Horne Street
Sunbury, VIC 3429

Map of Wattyl Paints, 4/78 Horne Street

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New 7 Year Lease to Blue Chip Tenant

  • Brand new 7 year lease to 2029
  • Attractive annual 3% rent increases
  • Leased to Wattyl Paints
+Brand New 7 Year lease to 2029 plus option to 2034
+Hempel Group: World-leading supplier of trusted coating solutions with FY 20/21 revenue circa €1.7 billion
+Wattyl Paints: Over 100 Wattyl Paint stores across Australia and New Zealand
+Attractive rental growth assured with annual 3% increases
+Highly sought after ‘Essential Service’ asset class
+Superb 443sqm* building with substantial 21metre* frontage plus on-site parking
+Absolute position perfect main road location amongst major retailers including Beaurepaires, Ampol, Ford, Puma, Salvo’s store, Autobarn, Bob Jane T Mart and Snap Fitness all within 400* metres
+Situated on arterial road between the Calder Freeway and the Sunbury CBD
+Sunbury: A booming Satellite city 38kms from the Melbourne CBD with a population forecast to grow by 155% by 2041 2041
+Net Income: $104,519 pa + GST (Dec 22)

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

*approx.

Property ID: 504111179Last Updated: 19 Apr 2023

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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