1&2/14 Stockland Drive,
Kelso, NSW 2795
Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial
Price information
Sold
$1,605,000
Key property information
Floor area
Tenure type
Sold on
Map of 1&2/14 Stockland Drive
6 Year Lease to Premium Homeware Retailer Adjacent to Large Expanding Bunnings
Secure 6 year lease to 2019
6 year option to 2025
Major East Coast premium retailer with 48 company owned stores
Dominant homeware centre in growth area anchored by large and expanding Bunnings
Substantial depreciation benefits
Area of approximately 1,000sqm + exclusive use seating area
Tenant pays all outgoings, as per lease
2.75% annual rent increases
Easily managed single tenant investment in growth area
Net Income: $117,500 pa + GST.
Price guide $1,425,000 â expected yield circa 8.25%.
Auction 2pm Tues 19 May, 50 Margaret St Sydney
Michael Gilbert 0430 024 790
Rhys Parker 0451 101 0...
6 year option to 2025
Major East Coast premium retailer with 48 company owned stores
Dominant homeware centre in growth area anchored by large and expanding Bunnings
Substantial depreciation benefits
Area of approximately 1,000sqm + exclusive use seating area
Tenant pays all outgoings, as per lease
2.75% annual rent increases
Easily managed single tenant investment in growth area
Net Income: $117,500 pa + GST.
Price guide $1,425,000 â expected yield circa 8.25%.
Auction 2pm Tues 19 May, 50 Margaret St Sydney
Michael Gilbert 0430 024 790
Rhys Parker 0451 101 0...
Property ID: 501528915Last Updated: 19 Jul 2015
04511010...
1&2/14 Stockland Drive
Kelso, NSW 2795
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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