Burgess Rawson is pleased to offer to the market this absolute trophy convenience retail investment located at 1412-1414 Pittwater Road, North Narrabeen NSW for sale via our Investment Portfolio Auction 175. The opportunity has the following key investment highlights: + Renewed 5 year net lease to 2029 with 5 year option extending to 2034 + EG Group: one of the world's largest fuel and convenience retailer with $33 billion annual revenue & 6,600+ locations globally^ + Large 1,841sqm* landholding over two lots with frontage of 37m* to Pittwater Road, providing valuable exposure to 35,561 vehicles daily^^^ + Strategic positioning along Pittwater Road, adjacent to national tenants Supercheap Auto and Petbarn, and in close proximity to Warriewood Square, anchored by national brands Coles, Woolworths, Kmart and ALDI + North Narrabeen: pristine beach side suburb governed by the Northern Beaches Council, an economic powerhouse with 116,617 local jobs and a GRP of $21.1b^^ + Attractive net lease terms with tenant responsible for 100% of all usual outgoings + Attractive annual reviews + Easily managed investment with one market leading multi-national tenant, EG Group + Net Income: $458,016 pa* + GST To be sold by Investment Portfolio Auction 10:30am AEDT Tuesday 25 March 2025 Yallamundi Rooms, Sydney Opera House Please contact the exclusively appointed sales team for more information *Approx ^eg.group ^^economy.id ^^^transport.nsw.gov.au
Demande par e-mail à Burgess Rawson - Sydney
Propriété ID: 504796264