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Lot 3, 14 Stockland Drive Kelso, NSW 2795

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Lot 3, 14 Stockland Drive,
Kelso, NSW 2795

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Map of Lot 3, 14 Stockland Drive

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Officeworks – New 7 Year Lease + Options to 2042

  • Total GLA: 1,006.6sqm approx.
  • Thriving retail regional location
  • Brand new 7 years lease
This is an excellent opportunity to invest in a selection of premium retail investment properties in Sydney and strong growing regional locations of NSW. There are opportunities for all levels of investors or self-managed super funds and we encourage you to review the assets on offer.

In particular, Lot 3, 12 Stockland Drive, Kelso (Bathurst) offers the following main benefits:
- Brand new 7 years lease to Officeworks plus option to renew for a period of 4 x 5 years
- Officeworks is the market leader in office supplies with over 158 locations across Australia and a subsidiary of Wesfarmers (ASX:WES), a top 20 ASX covenant
- Total GLA: 1,006.6 sqm approx.
- Total net passing income: $152,565 per annum approx.
- Thriving retail regional location within Bathurst Homemaker Centre which is anchored by a recently expanded Bunnings Hardware store and also houses a number of Australia’s leading retailer’s including, The Good Guys, Super Cheap Auto, Fantastic Furniture, Harvey Norman, BCF, and Spotlight to name a few
- The recent Bunnings expansion increased their store GLA from 8,171 square metres to a new store area of 13,336 square metres, a retail increase of some 63.2%, which is a testament to the strong performance of the precinct and should continue to underpin occupancy rates well into the future.

The property is scheduled for auction on Tuesday 3 May 2016 at 10:30am at Auctionworks, Mezzanine level, 50 Margaret Street, Sydney

Agent: Harry Bui and Mitch Noonan

This property is part of the Blue Chip Retail Portfolio (BCRP16). For more information please go to www.collliers.com.au/bluechipretail

Property ID: 501911634Last Updated: 12 Apr 2017

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Lot 3, 14 Stockland Drive
Kelso, NSW 2795
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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