175-179 North West Coastal Highway,
Wonthella, WA 6530
Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail
Price information
Sold
$3,330,000
Key property information
Land area
Floor area
Tenure type
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Map of 175-179 North West Coastal Highway
Long 7 Year Leases to Two National Tenants. Huge Site with Further Development Potential.
Long 7 year net leases commenced 2015/16 plus options.
National occupants BCF and Ultra Tune on renewed leases.
Expansive highway frontage of 60 metres.
Massive customer draw power, being adjacent to long established and successful Bunnings.
Excellent on-title parking for 72 cars.
Other iconic retailers nearby including McDonald's and BP.
Net leases; tenants pay outgoings as per leases.
Attractive 4% and CPI annual rent increases.
Large 12,450 sqm site including surplus land of 7,668 sqm suitable for further development.
Geraldton, Coastal port city and administrative & retail headquarters for the Mid West Region, population 40,000.
Easily managed investment with future value upside.
Net Income: $245,501 pa + GST.
National occupants BCF and Ultra Tune on renewed leases.
Expansive highway frontage of 60 metres.
Massive customer draw power, being adjacent to long established and successful Bunnings.
Excellent on-title parking for 72 cars.
Other iconic retailers nearby including McDonald's and BP.
Net leases; tenants pay outgoings as per leases.
Attractive 4% and CPI annual rent increases.
Large 12,450 sqm site including surplus land of 7,668 sqm suitable for further development.
Geraldton, Coastal port city and administrative & retail headquarters for the Mid West Region, population 40,000.
Easily managed investment with future value upside.
Net Income: $245,501 pa + GST.
Property ID: 502022714Last Updated: 3 Oct 2016
04112262...
175-179 North West Coastal Highway
Wonthella, WA 6530
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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