BLUE CHIP INVESTMENT
115 Mann Street, Nambucca Heads NSW 2448
Contact Lindsay Sturrock 0417 415 771
RetailSize: n/a
Block size: 1144 m² approx.
Taylor Nicholas are pleased to advise that we have been appointed to sell the subject property by Public Auction on Tuesday 19 March 2024.
- Long established tenant
- Renewed 5 year lease until September 2028 plus options to 2038
- Current Gross Rental $205,922.88 pa (approx.)
Nambucca Heads is a popular coastal town on the North Coast of NSW which services the Nambucca Valley. It is perfectly positioned halfway between Sydney and Brisbane with Coffs Harbour to the north and Port Macquarie to the south.
The tenant, EG Fuelco (Australia) Ltd is a multi-national fuel and convenience retailer operating in the UK, Europe, USA and Australia. They acquired Woolworths Petrol in 2019 for $1.7 billion, operating some 540 service stations throughout Australia.
Property highlights include:
- Original 15 year lease which expired 10 September 2023 with renewed 5 year lease to 2028
- Two further 5 year options to 10 September 2038
- Current gross rental $205,922.88 pa (approx.)
- Prominent corner position on the northern approach and exit from the Pacific Highway to Nambucca Heads
- Site area 1,144 sqm (approx.)
Excellent investment opportunity for those seeking a high yielding asset with a strong tenant profile and long term cash flow.
For further information, please contact the exclusive selling agent Lindsay Sturrock 0417 415 771
- Long established tenant
- Renewed 5 year lease until September 2028 plus options to 2038
- Current Gross Rental $205,922.88 pa (approx.)
Nambucca Heads is a popular coastal town on the North Coast of NSW which services the Nambucca Valley. It is perfectly positioned halfway between Sydney and Brisbane with Coffs Harbour to the north and Port Macquarie to the south.
The tenant, EG Fuelco (Australia) Ltd is a multi-national fuel and convenience retailer operating in the UK, Europe, USA and Australia. They acquired Woolworths Petrol in 2019 for $1.7 billion, operating some 540 service stations throughout Australia.
Property highlights include:
- Original 15 year lease which expired 10 September 2023 with renewed 5 year lease to 2028
- Two further 5 year options to 10 September 2038
- Current gross rental $205,922.88 pa (approx.)
- Prominent corner position on the northern approach and exit from the Pacific Highway to Nambucca Heads
- Site area 1,144 sqm (approx.)
Excellent investment opportunity for those seeking a high yielding asset with a strong tenant profile and long term cash flow.
For further information, please contact the exclusive selling agent Lindsay Sturrock 0417 415 771
Inspections
No open inspections scheduled.
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Key details
Property type:
Retail
Block Size:
1144 m²*
Other Details
Lot:
1
Plan Type:
DP
Plan:
392972
Legal description:
1/392972
Maps and area information
Block information
Block size: 1144m² (approx)
Legal description: 1/392972
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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Nambucca Heads suburb information
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SummaryMedian sales
Average Age
58 years
Population
6,675
Listing ID: 182307955. This listing has been viewed 0 times. It was first displayed on 19/02/2024 and last updated on 02/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.