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Stonebridge Property Group - Sydney

Petstock Grafton 18, Through Street South Grafton, NSW 2460

Petstock Grafton 18, Through Street,
South Grafton, NSW 2460

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Added 2 days ago

Price information

Sale - Auction Wed 27 Nov

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Key property information

Land area

Floor area

Car spaces

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$175,360
Number of Tenants
1 Tenant
Tenants / Type
Large Format Retail

Auction

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Stonebridge Property Group - Sydney
Tom Moreland
Harry Curtain
Thomas Proberts

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
Petstock Grafton 18, Through Street
South Grafton, NSW 2460

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Rare New Freestanding Retail Asset - Prime Location Opposite Bunnings

  • Long 7 Year Lease to 2030 + Opts
  • Dominant Woolworths Owned Retailer
  • High Profile 1,547 sqm* Site
Stonebridge is pleased to present Petstock Grafton for sale via National Portfolio Auction held on Wednesday 27 November 2024 at 11am (AEDT).

The asset has the following key investment features:

- 7-year lease to 2030 + options to 2044 with fixed annual rent increases

- Petstock - Dominant Woolworths owned retailer, operating 200+ locations nationally and boasting a $1.46 billion* valuation

- High-profile 1,547 sqm* site, improved by modern concrete tilt panel retail asset completed in 2023, offering strong depreciation benefits

- Prime location in Grafton’s key retail precinct, directly opposite Bunnings, plus near McDonald’s, Hungry Jacks, Coles, BP, BCF, Supercheap Auto and Autobarn

- Highly connected location on the New Grafton Bridge roundabout, linking the Grafton CBD to Ballina, Byron Bay, Coffs Harbour and beyond via the Pacific Mwy

- Opposite approved $25 million* homemaker development and 600m* from the $240 million New Grafton Bridge, facilitating more than 25,300* daily crossings over the Clarence River

- Strong retail catchment only 1.4 km* from Grafton CBD and Grafton Shopping World, which welcomes over 4.2 million visitors annually*

- Grafton – Key city in the NSW Northern Rivers region and major contributor to its thriving $17.3 billion* economy, over $1.35 billion* in publicly funded projects underway

- Net Income $175,360 pa* + GST

Petstock Grafton for sale via National Portfolio Auction held on Wednesday 27 November 2024 at 11am (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1119

Property ID: 504725328Last Updated: 31 Oct 2024

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