90 Stroud Street, Bulahdelah

A unit located in 1/DP121758 Bulahdelah NSW. The local government is Mid-Coast, with 2 bedrooms and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
0
Land size
1024 m2
Building size
30 m2
Council area
Mid-Coast
Year built
n/a
Lot plan
1/DP121758 Bulahdelah NSW
House type
Commercial: Retail Building



HISTORY

Last sold 20/02/2018
$2,075,000



LISTING DESCRIPTION
as of June 2020

15 Year Lease ASX Listed Food Retailer High Performing Retail Outlet Long 15 year lease to 2033 plus options to 2048 Fixed 3% rent increases assuring growth Attractive lease with tenant paying all outgoings Olivers Real Food: offers a healthy alternative to traditional fast food and has 21 locations Quality 270 sqm freehold building recently undergone major $800K tenant upgrade Bulahdelah: a busy highway service town only 2 km from the M1 Motorway (circa 5 million passing vehicles annually) Net Income: $127,308 pa + GST Private Treaty $1,750,000 (7.27%)