Burgess Rawson is pleased to offer to the market this brand new Total Tools Investment at 11-13/21 Peisley Street, Orange NSW for sale via our Investment Portfolio Auction 164.
The property has the following investment highlights:
+ Brand new 11 year lease to 2034 plus options to 2044
+ Total Tools: Australia's premier trade & industrial tools retailer with 112 locations nationwide^, majority owned by Metcash: Australia's leading distribution and marketing company. market cap of $3.6B*
+ Underpinned by an experienced franchisee with a corporate guarantee
+ Landlord friendly net lease, tenant pays all outgoings including rates, land tax, strata levies, maintenance, and management fees (cap. of $25,000)
+ Greater of 3% or CPI rent reviews, ensuring strong rental growth
+ Newly built in 2023 offering maximum depreciation benefits
+ Lease guaranteed to Metcash Limited holding company
+ Ample onsite parking - 21 car spaces on title
+ Strategically located in close proximity to Blackwoods, Coates Hire, Reece Plumbing, Bridgestone, Shell and Harley-Davidson
+ Central West: Thriving region supporting over 181,500 residents, set to experience significant growth**
+ Net Income: $302,400 pa + GST***
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
^totaltools.com.au
*metcash.com
**dataau.com.au/profile/central-wes
***approx.