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16 Tollbar Avenue
North Rothbury NSW 2335
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Sold on 6 Aug 2024

16 Tollbar Avenue North Rothbury NSW 2335

  • Shop & Retail
  • 1 m²
  • Sold

Immaculate Freestanding Tyre & Auto Investment in Award Winning Growth Area | Leased to ASX & JPX Listed Giants

    Burgess Rawson is pleased to offer to the market Bridgestone and Supercheap Auto located at 16 Tollbar Avenue, Huntlee NSW for sale via Investment Auction Portfolio 170.

    The property has the following investment highlights:

    + Brand new 10 year lease to Bridgestone to 2034 plus options to 2049
    + Bridgestone: Australia's largest tyre retailer with 330+ stores nationally^, market cap of ¥4.45 trillion^ & wholly owned subsidiary of Japanese listed Bridgestone Corporation (TYO: 5108)
    + Brand New 8 year net lease to Supercheap Auto to 2032 plus options to 2042
    + Supercheap Auto: ASX listed Super Retail Group's inaugural brand with a market cap of $3.8 billion with 300+ Supercheap Auto sites across Australia and New Zealand^^^
    + Strong rent review structures with a mix of CPI and fixed 3% annual rent increases
    + Brand new state-of-the-art purpose built facility, offering maximum depreciation benefits
    + Significant high profile 2,500sqm* landholding with ample on-site parking for 25 vehicles.
    + Strategically positioned within major growth precinct in close proximity to Coles anchored Huntlee Shopping Centre, McDonald's, KFC, BWS, Huntlee ELC and proposed ALDI supermarket.
    + Situated 45km to Newcastle and 2 hours from Sydney, Huntlee is a key growth region with population expected to grow by over 127% through completion
    + Huntlee: New, award-winning, master-plan community with 7,000+ residential lots and town centre, $1.5 billion of investment over the next 20 years, a gateway to the Hunter Valley from Hunter Expressway
    + Net Income: $346,516 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEST Tuesday 6 August 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information

    ^ $41.6 Billion AUD as at 15/07/2024

    AUCTION

    Auction date and time06/08/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold6 Aug 2024
    Floor Area1 m²
    Land Area2,500 m²
    ParkingAsk Agent
    Property ID2019351331
    Category
    Last updated  9 Aug 2024
    Map for 16 Tollbar Avenue North Rothbury NSW 2335

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    Property Highlights

    Date Sold6 Aug 2024
    Floor Area1 m²
    Land Area2,500 m²
    ParkingAsk Agent
    Property ID2019351331
    Category
    Last updated  9 Aug 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007

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