192-198 Pennant Hills Road, Thornleigh, NSW 2120

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Retail
|Showrooms/Bulky Goods
|Industrial/Warehouse
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Published on: 13 Nov 2024
Last updated on: 13 Nov 2024
192-198 Pennant Hills Road, Thornleigh, NSW 2120
192-198 Pennant Hills Road, Thornleigh, NSW 2120
192-198 Pennant Hills Road, Thornleigh, NSW 2120
+10
192-198 Pennant Hills Road, Thornleigh, NSW 2120
  • 10
Property ID: 504736376
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Key property information

Land Size
2,880.00 m2
Floor Area
1.00 m2
Tenure Type
tenanted

ASX Convenience Retail Investment - High Profile Major Sydney Arterial

192-198 Pennant Hills Road, Thornleigh, NSW 2120
Burgess Rawson are pleased to offer to the market this high profile ASX convenience retail investment at 192-198 Pennant Hills Road, Thornleigh NSW for sale via Auction.

This opportunity has the following key highlights:

+ Twenty (20) year net lease to 2034 plus options 2054 to multinational fuel conglomerate, Ampol 
+ Ampol (ASX:ALD): top 100 ASX listed company with 1,800+ sites & market cap of $6.7 billion^
+ Gateway position just 4 minutes from the key M1 on-ramp, servicing NSW’s fastest-growing corridor between Sydney and Newcastle
+ Strategic location close to major national and international brands incl. McDonald’s, Bunnings, Woolworths and Aldi
+ Thornleigh: rapid growth suburb with the population forecast to grow 29.4% by 2036^^, close to double the state average growth
+ Impressive freehold convenience retail building and automated drive-thru car wash
+ Easily managed investment with one market leading ASX conglomerate, Ampol
+ Tenant pays all usual outgoings, as per the lease 
+ Attractive annual CPI rent reviews capped at 7%
+ Net Income: $678,254 pa* + GST (estimated from 8 March 2025)

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

^ ASX: as of 13/11/2024
^^ Forecast.id
*Approx

Property Details

Basic Info

Property Type
RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Listing Status
On Market
Land Size
2,880.00 m2
Address
192-198 Pennant Hills Road, Thornleigh, NSW 2120
Darren Beehag
Darren Beehag
Rhys Parker
Rhys Parker
John Ingui
John Ingui
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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Contact Agent

Email enquiry to Burgess Rawson - Sydney

Darren Beehag
Darren Beehag
Rhys Parker
Rhys Parker
John Ingui
John Ingui
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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      Property ID: 504736376

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