194-198 Princes Highway,
South Nowra, NSW 2541

Colliers International is proud to offer For Sale a newly built VIVA Energy secured Shell Coles Express service station with an adjoining Subway. The property is secured by 15 year leases across both tenancies expiring in 2030 with multiple 5 years options.

- Total Net Income of $392,425*^(**)
- 15 year net lease to VIVA Energy (Shell Coles Express) expiring in 2030 with 3 x 5 year option to renew and annual CPI
reviews
- VIVA Energy / Shell Coles Express Net Income $335,775*^(**)
- The tenant is responsible for the maintenance and removal of all fuel tanks, pumps and lines
- 15 year net lease to Subway expiring in 2030 with 4 x 5 year option to renew and fixed 3% reviews
- Subway Net Income $56,650*^
- Secured by strong lease covenants to VIVA Energy (Shell Coles Express) and Subway Realty Pty Ltd
- Strategically located in established retail precinct of a regional hub
- Significant depreciation benefits available
- Total GLA: 310.9*sqm

Shell Coles Express & Subway is also offered as part of a portfolio with Hungry Jacks South Nowra:
Web link for more details: colliers.com.au/27159

Public Auction
Wednesday 9 November at 10.30am (AEDT)
at Colliers International
Level 30, 225 George Street
Sydney NSW 2000

*approximately
^as at 1 December 2016
** Based on a CPI review of 1.75%