27-29 Acacia Avenue Leeton NSW 2705

Burgess Rawson is pleased to offer to the market Petstock at 27-29 Acacia Avenue, Leeton NSW 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 seven (7) year options to 2051
+ Solely leased to PETstock under a head lease covering the entire site
+ 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
+ Large 1,834sqm* landholding over 2 lots, with valuable dual street frontage totalling 61m*
+ E2 Commercial Centre Zoning, allowing for a range of commercial and business use (STCA)
+ Srategically located in close proximity to national brands including Woolworths, ALDI, McDonald's and Ampol
+ Leeton, located in the Riverina Region of NSW, supporting 82,500+ local jobs and producing an economic output of $34.4 billion
+ Net Income: $74,348 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