 Asset Class: | Retail |
 Price: | $ 5500000 |
 Net Yield: | 5.70 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
This exceptional Blue Chip freehold commercial property is situated in one of the most sought-after coastal locations, offering a rare opportunity for investors seeking a secure, high-quality asset. The property is tenanted by a reputable ASX-listed company on a long-term lease, ensuring stable and predictable rental income. With all outgoings covered by the tenant, this investment offers a hassle-free, low-maintenance ownership experience, making it an attractive option for those looking to expand their portfolio with a premium asset.<br><br>Located in one of the fastest-growing regions in New South Wales, this property holds significant potential for capital appreciation. The substantial landholding of over 2,000 sqm, combined with a well-maintained building spanning 700+ sqm, enhances its long-term value. High-demand locations like this are becoming increasingly scarce, making this property a standout investment opportunity. Given its prime positioning and the area's ongoing growth, it is well-placed to benefit from strong rental demand and future infrastructure developments.<br><br>With a near 6% yield — this asset presents an outstanding return for a property of its calibre. Opportunities of this nature are seldom available on the market, particularly with such a strong tenant and a secure lease structure. Given the high level of interest in premium commercial properties, swift action will be required to secure this investment before it is snapped up.
How old is the asset?
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Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="https://www.iga.com.au/"><u>https://www.iga.com.au/</u></a><span></span>
Initial Term:
Security:
Security Info:
Lease<br>Start - 1st July 2024<br>End - 30 June 2034<br>Lease length 10 years<br>3x5 Year options<br>Rent Review - 3% or CPI whichever is greatest
Additional Financial Information FileInitial Term:
Security:
Security Info:
Hungry Jack's, Lot 2, 350 Industrial Drive, Tighes Hill - 400m2 @ $290,775 = $726m2 McDonald's, 43 Pendlebury Road, Cardiff - 350m2 @ $514m2 Lot 5/158 Pacific Hwy, Charlestown - 95m2 @ 68,500 = $715m2
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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Finance:
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Settlement:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Blue Chip Freehold</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Premium Location</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">ASX Tenant</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Long Secure Lease</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">One of the fastest growing regions in NSW</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Property Newly Built</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">5.7% Yield </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Site Area - 2,000m2</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Building - 735m2 NLA</span></p></li></ul>
