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Securely Leased Retail Investment National Brand Tenants

185 Old Hume Highway, MITTAGONG NSW, 2575

Sold

Property Sold in 185 Old Hume Highway, MITTAGONG NSW, 2575

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11292995
Status:
Sold
Price:
Contact Agent
Last Updated:
11/10/2018
Icon building

Property Type

Retail
Icon square

Land Area

4050 SQM
Icon size

Floor Area

1835 SQM
Icon parking

Parking

N/A

Securely Leased Retail Investment National Brand Tenants

Renewed 8 year lease to Lincraft expiring 2025
Renewed 5 year lease to Reject Shop expiring 2023
Modern 2007 construction with abundant carparking allocation
Situated between the bustling Highlands Marketplace (Woolworths, Big W and 36 specialties) and ALDI supermarket
Recognised Homemaker and Large Format Retail precinct servicing the growing Southern Highlands district
Large 4,050 sqm site with 1,835 sqm of lettable retail areas
Located within a 48,000 strong local affluent catchment with excellent growth projections
Generous rental increase provisions including turnover based, CPI or 3% pa
Net Income: $272, 770 pa + GST

Auction 11am Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000


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