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62-68 Memorial Avenue
Blackwall NSW 2256
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Sold on 25 Nov 2021

62-68 Memorial Avenue Blackwall NSW 2256

  • Shop & Retail
  • 1 m²
  • Sold

Striking Fuel & Convenience Retail Centre - Renewed 15 Year Lease

  • Renewed 15 lease to 2033 + options
  • ASX Listed Tenant
  • Net Income $245,000 pa + GST

Cushman & Wakefield is pleased to present to the market 62-68 Memorial Avenue, Woy Woy (Central Coast) for Sale via Auction.

The property has the following key characteristics:

- Ampol - Renewed 15 year lease to December 2033 + options to 2043 - ASX 100 company with 1,900 locations & Market Cap. $7.09 Billion
- Rebuilt fuel & convenience retail service station & carwash with latest specifications & new Ampol branding
- Substantial main road high profile 3,716 sqm landholding with over 61m of frontage & 22 onsite car spaces
- Significant tenant investment - Recently upgraded with brand new canopy, tanks & fuel infrastructure
- Landlord friendly net lease - Tenant pays all outgoings including Land Tax as per lease
- Central Coast NSW - Exhibiting strong population growth with over 340,000 people & GRP of $15.52 Billion
- Favourable environmental provisions, ownership of the tanks & full remediation the responsibility of Ampol
- Net Income $245,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.

Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold25 Nov 2021
Floor Area1 m²
Land Area3,716 m²
Parking22 x Onsite parkings
Property ID2017361792
Category
Last updated  26 Nov 2021
Map for 62-68 Memorial Avenue Blackwall NSW 2256

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Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold25 Nov 2021
Floor Area1 m²
Land Area3,716 m²
Parking22 x Onsite parkings
Property ID2017361792
Category
Last updated  26 Nov 2021

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

More about 62-68 Memorial Avenue Blackwall NSW 2256

62-68 Memorial Avenue Blackwall NSW 2256 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 3,716 m². There are 22 x onsite parkings.The listing ID for this property is 2017361792.

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