Burgess Rawson is pleased to offer to the market Petstock at 16 Moulamein Road, Barham NSW 2732 for sale via our Investment Auction Portfolio 173.
This opportunity has the following key investment highlights:
+ 15 year net lease to 2037 with two further 7 year options to 2051
+ Solely leased to PETstock under a head lease covering the entire site (includes Mitre 10)
+ PETstock: majority owned by Woolworths Group, Aus #1 retailer with sales of $67.9B* in FY24
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding) as per lease
+ Fixed compounding 3% annual rental increases, ensuring income growth
+ Massive 3,365sqm* landholding with valuable 61m* frontage to Moulamein Road, a major thoroughfare into Barham
+ E3 Productivity Zoning, allowing for a mix of industrial and commercial uses (STCA)
+ Strategic positioning in close proximity to Barham town centre with national brands IGA, BP and Shell
+ Barham, located in the Riverina Region of NSW, supporting 82,500+ local jobs and producing an economic output of $34.4 billion
+ Net Income: $61,787 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
One of Five Petstock (Woolworths) leased freehold investments available as part of Burgess Rawson's December Portfolio Auction.
Please contact the exclusively appointed sales team for more information
*Approx