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Auction | Retail Sold

Blue Chip North Shore Asset - 60,000+ Vehicles Passing Daily

1233 Pacific Highway
Turramurra, NSW 2074
Australia
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Building Size:
290 SQM
Lot Size (SQM):
1069

Cushman & Wakefield is pleased to present to the market 1233 Pacific Highway Turramurra (Sydney) for Sale via Auction. The property has the following key characteristics: - 15 year net lease to 2036 + options to 2066 - EG Group - Multinational fuel and convenience retail operator with $32.4 Billion and 6,012 locations globally - EG Group - Acquired Woolworths Petrol for $1.7 Billion and operate circa 540 Woolworths Caltex service stations - Prime Pacific Highway location - 60,000+ vehicles passing daily - Landmark site in close proximity to Coles, IGA, Liquorland, CBA and Turramurra/Pymble Train Stations - Turramurra - Prestigious North Shore of Sydney located 16 km from the Sydney CBD - Fully refurbished in 2007, the site offers modern improvements and dual-skinned fibre-glass tanks - Favourable environmental provisions, ownership of the tanks and remediation the responsibility of EG Group - Tenant pays all outgoings including Land Tax - Net Income $360,000 pa + GST The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW. Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne. Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield. - Upper North Shore