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2. Property Highlights

BLUE CHIP INVESTMENT
  • Ampol Service Station

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

Remember to mention you found this property on CommercialReady

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3. Property Location

115 Mann Street, Nambucca Heads, NSW, 2448

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4. Due Diligence

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115 Mann Street, Nambucca Heads, NSW, 2448 Nambucca Heads
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