1 Bristol Street Berkeley NSW 2506

Shop & Retail
Sold, $2,710,000

Metro Petrol. New 10 + 5 Year Lease. Fixed 5% Annual Increases.

New 10 year lease to September 2026 + 5 year option.
Established service station plus convenience store.
Adjoins Coles anchored shopping centre, Post Office and Hotel.
Metro Petroleum: the biggest and fastest growing independent petroleum company in NSW with approx 200 locations.
Berkeley: southern suburb of Wollongong on the shores of Lake Illawarra.
Lease requires tenant to pay outgoings.
Guaranteed rental growth, generous fixed 5% annual increases.
Anticipated high return - circa 7.5%.
Net Income: $222,004 pa + GST ($344,401 in 2025).

AUCTION

Auction date and time	25/10/2016 11:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	25 Oct 2016
Sold Price	$2,710,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013085890
Category	Shop & Retail
Last updated	25 Oct 2016

Map for 1 Bristol Street Berkeley NSW 2506

Nearest transport* to 1 Bristol Street Berkeley NSW 2506

Bus

Train

Tram

Ferry

Berkley Shops, Winnima Way	62 m
Winnima Way Opp Berkeley Shops	110 m
Winnima Way At Illawon St	137 m
Winnima Way Opp Denniss St	189 m

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	25 Oct 2016
Sold Price	$2,710,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013085890
Category	Shop & Retail
Last updated	25 Oct 2016