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233 High Street (corner Smith Street)
Maitland NSW 2320
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Sold on 8 Dec 2020

233 High Street (corner Smith Street) Maitland NSW 2320

  • Shop & Retail
  • 147 m²
  • Sold

Triple Net Lease Direct to Viva Energy Australia

Secure 10 year triple net lease to 2026 plus seven further 10 year options to 2096.
Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shells Australian licensee with 1,292 retail fuel sites across Australia*****.
Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurances and land tax.
Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
Guaranteed rental growth with annual fixed 3% rent increases.
Strategic 1,633 sqm* corner site on key arterial linking New England Highway and Maitland. Commercial Centre which includes Woolworths, Kmart, ALDI and Bunnings.
Directly opposite brand new $10.5 million dollar Maitland Regional Sports Complex including 400 metre synthetic track, spectator and amenities building and car parking.
Evolving precinct with house prices up 20% up since 2018**** and a brand new 3 level, 17-unit residential development recently completed 5-doors (50 metres) away.
Maitland City Councils 85,166 population is set to grow by 31% to 111,829 by 2041**.
Part of the Hunter Valley, the largest regional economy in Australia with an estimated 322,000 jobs, outperforming Tasmania, the Northern Territory and the ACT in terms of economic output***.
Strategic essential service investment.
Rent $164,280 pa*

To be sold by Investment Portfolio Auction:
11am AEDT
Tuesday 8 December
Yallamundi Rooms
Sydney Opera House

2 other Viva Energy/Shell freehold investments also available.
Contact sales team or visit burgessrawson.com.au/lp/vivaportfolio for more information.

**Remplan
***New South Wales Government
*******
*****Viva Energy
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

AUCTION

Auction date and time08/12/2020 11:00
Auction location233 High Street (corner Smith Street), Maitland NSW
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold8 Dec 2020
Floor Area147 m²
Land Area1,633 m²
ParkingAsk Agent
Property ID2016620745
Category
Last updated  10 Dec 2020
Map for 233 High Street (corner Smith Street) Maitland NSW 2320

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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold8 Dec 2020
Floor Area147 m²
Land Area1,633 m²
ParkingAsk Agent
Property ID2016620745
Category
Last updated  10 Dec 2020

Co-Agents

Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315
Billy Holderhead
Billy Holderhead
Burgess Rawson VIC Pty Ltd
Call
0422 817 696
Dean Venturato
Dean Venturato
Burgess Rawson Sydney
Call
0412 840 222
Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042

More about 233 High Street (corner Smith Street) Maitland NSW 2320

233 High Street (corner Smith Street) Maitland NSW 2320 is categorized as Shop & Retail Property. It has a floor area of 147 m² and a land area of 1,633 m². The listing ID for this property is 2016620745.

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