1. Home
  2. »
  3. Sold Properties
  4. »
  5. Secure Triple Net Wesfarmers Lease

15-17 Victoria Street, TAREE NSW, 2430

Sold
https://dduaaywsz-res-4.cloudinary.com/image/upload/v1590740463/bv49bc6rv6zg9psjwglz.jpg

Property Sold in 15-17 Victoria Street, TAREE NSW, 2430

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11273126
Status:
Sold
Last Updated:
29/05/2020
Price:
Auction
Icon building

Property Type

Retail
Icon square

Land Area

2945 SQM
Icon size

Floor Area

1582 SQM
Icon parking

Parking

N/A

Secure Triple Net Wesfarmers Lease

Secure 8 year lease to 2021 plus options through to 2041
Fixed 3% increases – assuring growth
Lessee pays usual outgoings including Land Tax, as per lease
Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited – ASX Top 10 company Market Cap $48.61 billion
Immaculate 1,582 sqm building constructed 2013
High profile 2,945 sqm main road site, with combined frontage of 80 metres incl. rear ROW
Important 35 on-site car spaces
Amongst national traders incl. KFC, Toyota, Shell Coles Express & Autobahn
Greater Taree City: population of 50,242 generating $3.27 billion in GRP – population forecast to grow by over 40% to 70,708 by 2036
Substantial income saving depreciation
Net Income: $325,696 pa + GST

Auction 11am AEDT Tuesday 12 December 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


More properties from Burgess Rawson & Associates Pty Ltd
Sold
144-146 Graham Street, WONTHAGGI VIC, 3995

144-146 Graham St...

RetailLand/Development
Sold
1593 Western Highway, ROCKBANK VIC, 3335

1593 Western High...

RetailShowrooms/Bulky GoodsIndustrial/Warehouse
For Sale
32 Hawkins Place, EMERALD QLD, 4720

32 Hawkins Place,...

Industrial/WarehouseOfficesMedical/Consulting
Sold
131 Gray Street, HAMILTON VIC, 3300

131 Gray Street, ...

RetailOfficesLand/Development
Sold
Shop 1C/38 Craigieburn Road, CRAIGIEBURN VIC, 3064

Shop 1C/38 Craigi...

Retail
Sold
Shop 9/744 Bourke Street, DOCKLANDS VIC, 3008

Shop 9/744 Bourke...

Retail
More properties from Taree
For Sale
176-178 Victoria STREET, TAREE NSW, 2430

176-178 Victoria ...

Retail
Leased
Shop 8/51-57 Pulteney Street, TAREE NSW, 2430

Shop 8/51-57 Pult...

Retail
Leased
47-49 Pulteney Street, TAREE NSW, 2430

47-49 Pulteney St...

Hotel/Leisure
For Sale
260 Victoria Street, TAREE NSW, 2430

260 Victoria Stre...

Showrooms/Bulky Goods
For Lease
Suite 5/142-144 Victoria Street, TAREE NSW, 2430

Suite 5/142-144 V...

Offices
For Sale
Lot 9/219-223 Victoria Street, TAREE NSW, 2430

Lot 9/219-223 Vic...

Offices
Loading...