CBRE are proud to present 102 Princes Highway, Ulladulla, a secure retail freehold opportunity leased to Westpac, an ASX listed blue chip tenant. Situated in Ulladulla's retail village, the property returns a generous net annual income of $107,126* with favourable CPI annual increases. The 15-year lease enjoys two (2) three (3) year options from 2027 to 2033 plus recoverable outgoings permitting a secure investment opportunity to one of Australia’s major banks.

102 Princes Highway, Ulladulla benefits from the following key attributes

• Attractive, secure investment opportunity leased to ASX listed major bank on the pristine shores of Ulladulla Harbour
• Generating a significant net annual income of $107,126*
• 15-year lease to 2027 with two (2) three (3) year options to 2033 with annual CPI rental increases
• Capitalise on recent capital expenditure including new internal fit out and building upgrades
• Unmatched Ulladulla Town Centre exposure on Princes Highway home to supporting national brands including Woolworths, Kmart and Commonwealth Bank
• Favourable MU1 Mixed Use zoning permitting an additional level (STCA)
• Set to benefit from infrastructure upgrades along Princes Highway and forecasted population growth to 21,610* by 2051.

102 Princes Highway, Ulladulla is offered for sale via the CBRE National Auction Series hosted at CBRE North Sydney Level 29, 177 Pacific Highway, North Sydney NSW 2060 on Wednesday, 21st August 2024 at 10:30am (AEST).

For more information or to request access to the due diligence room, please contact the exclusive sales agent.

Approximate*. (STCA) Subject to Council Approval. Outline & Labels Indicative.