162-166 Pioneer Road,
Towradgi, NSW 2518
Shops & Retail
Price information
Sold
$5,615,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 162-166 Pioneer Road
New Service Station and Retail Investment.
Two 12 year leases to 7-Eleven and Australia Post expiring October 2027 plus options extending to 2042.
Large 1,613 sqm corner site, dual street access & 14 on-site car spaces.
Major thoroughfare leading to Wollongong CBD.
Wollongong: strong coastal growth city of 210,000, and projected to grow by 20.31% by 2036.
Attractive taxation depreciation benefits.
Tenant pays usual outgoings excl. land tax, as per lease.
Guaranteed rental growth with fixed 4% annual increases.
Net Income: $347,690 pa + GST.
Large 1,613 sqm corner site, dual street access & 14 on-site car spaces.
Major thoroughfare leading to Wollongong CBD.
Wollongong: strong coastal growth city of 210,000, and projected to grow by 20.31% by 2036.
Attractive taxation depreciation benefits.
Tenant pays usual outgoings excl. land tax, as per lease.
Guaranteed rental growth with fixed 4% annual increases.
Net Income: $347,690 pa + GST.
Property ID: 502174362Last Updated: 6 Feb 2017
04128402...
162-166 Pioneer Road
Towradgi, NSW 2518
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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