15 Victoria Street, Taree

A unit on a lot in 1/DP1179993 Taree NSW. In the local government area Mid-Coast, featuring 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
2945 m2
Building size
-
Council area
Mid-Coast
Year built
n/a
Lot plan
1/DP1179993 Taree NSW
House type
Commercial: Retail Building



HISTORY

Last sold 12/12/2017
$3,855,000



LISTING DESCRIPTION
as of December 2017

Secure Triple Net Wesfarmers Lease Secure 8 year lease to 2021 plus options through to 2041Fixed 3% increases assuring growthLessee pays usual outgoings including Land Tax, as per leaseOfficeworks: Australias largest retailer of office supplies, wholly owned by Wesfarmers Limited ASX Top 10 company Market Cap $48.61 billionImmaculate 1,582 sqm building constructed 2013High profile 2,945 sqm main road site, with combined frontage of 80 metres incl. rear ROWImportant 35 on-site car spacesAmongst national traders incl. KFC, Toyota, Shell Coles Express & AutobahnGreater Taree City: population of 50,242 generating $3.27 billion in GRP population forecast to grow by over 40% to 70,708 by 2036Substantial income saving depreciationNet Income: $325,696 pa + GSTAuction 11am AEDT Tuesday 12 December 2017Doltone House Hyde Park, 181 Elizabeth Street, Sydney