Cushman & Wakefield is pleased to present to the market 79-83 Rawson Road, Woy Woy (Central Coast) for Sale via Expressions of Interest.
The property has the following key characteristics:
- 7-Eleven – New 12 year lease to 2033 + options to 2053 Australia’s third largest private company with 700+ convenience stores & revenue of $3.4 Billion
- Repco – Renewed 6 year lease to 2025 + options to 2035 - Wholly owned by Fortune 500 Genuine Parts Company (GPC) - NYSE Listed with market cap. of $17.55B - Leading automotive global parts supplier, network of over 10,000 locations & 50,000 employees
- Well configured 1,987 sqm site on Woy Woy’s major thoroughfares boasting dual street frontage & high visibility to retail trade
- Upgraded & renovated convenience retail facility with 20 car parks offering strong depreciation benefits
- Landlord friendly - tenants pay outgoings as per leases
- Central Coast NSW - Exhibiting strong population growth with over 340,000 people & GRP of $15.52B
- Locked in income growth - Fixed 3% annual increases
- Net Income $452,820 pa + GST
The investment is for sale by way of Expressions of Interest closing Wednesday 29th September at 4pm.
Should you hold interest in the asset please contact the exclusively appointed Cushman & Wakefield property professionals.
Remember to mention you found this property on CommercialReady.com.au
79-83 Rawson Road, Woy Woy, NSW, 2256