Burgess Rawson is pleased to offer to the market this superbly positioned BWS and The Reject Shop on the high profile corner of Merivale and Russell Street, Tumut NSW for sale via our Investment Auction Portfolio 172.
The opportunity has the following key investment highlights:
+ BWS on renewed 5 year lease to July 2029 plus 15 years of options to 2044
+ BWS: leading liquor brand of ASX listed Endeavour Group, boasting 1,400+ stores nationally^
+ The Reject Shop on renewed 5 year lease to November 2028
+ The Reject Shop: ASX listed national retailer with 386 locations, 6,000 staff and sales exceeding 850m in FY24^^
+ Significant 2,375sqm* corner site including 2 titles with brilliant exposure + excellent on-site and street parking
+ Strategic location in the heart of Tumut's commercial retail precinct, immediately adjacent to Coles Supermarket and surrounded by other national brands
+ Tumut: part of the Riverina Region of NSW, and a strategic midpoint between Sydney & Melbourne, and gateway to the Snowy Region
+ Riverina Region: thriving economic hub with an output of $34.4b and home to 174,490 people^^^
+ Net Income: $223,765 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^bws.com.au
^^therejectshop.com.au
^^^remplan.com.au