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123 Smith Street, Kempsey, NSW 2440

123 Smith Street, Kempsey, NSW 2440

Showrooms/Bulky Goods Retail Industrial/Warehouse

  • Sold Contact Agent
  • Tue 25-Jun-19

Rarely Offered Investment Opportunity - Top ASX Listed Tenant - Entry Priced Bunnings

  • Highly prominent site
  • Long established Bunnings
  • 12 year lease + options to 2049

  • Land Area
  • 0.69ha (1.72 acres) (approx)
  • Floor Area
  • 3,297 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Aug 26, 2019

Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Darren Beehag, Burgess Rawson - Sydney
Darren Beehag
Simon Staddon, Burgess Rawson - Sydney
Simon Staddon

Rarely Offered Investment Opportunity - Top ASX Listed Tenant - Entry Priced Bunnings

Bunnings Warehouse: arguably Australia’s most dominant retailer
Wide 44 metre retail frontage with multidirectional Pacific Highway access
Modern facility of 3,297 sqm
Ample parking with 48 on-title car spaces
Growing Mid-North Coast trade catchment, of 30,000 people
Surrounding major brands
Guaranteed growth: 3% annual increases
Bunnings pay all usual outgoings, as per lease, including land tax (SHB)

+ Massive 6,947 sqm site
+ Long established and successful Bunnings
+ 12 year lease commenced June 2012 plus options to 2049
+ Income: $344,364 pa + GST (June 2019)

Auction
11am AEST Tuesday 25 June 2019
Doltone House Hyde Park, Sydney

123 Smith Street, Kempsey, NSW 2440

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