Cushman & Wakefield is pleased to present to the market 911 Pacific Highway, Lisarow for Sale via Auction.
The property has the following key characteristics:
- 10 year lease to 2028 + options 2048
- 7-Eleven – Australia’s third largest private company, network of 700+ convenience stores & revenue of $3.4B
- Pacific Highway exposure to 25,790+ cars daily*
- Exceptional position located neighbouring McDonalds, Coles Lisarow Plaza Shopping Centre, Woolworths, Lisarow Medical Centre, Laverty Pathology & Storage King
- Substantial 2,609 sqm Pacific Highway landholding
- Central Coast – Continually growing significant population of over 340,000 people & GRP of $15.52B
- Landlord friendly lease terms including tenant remediation clauses
- Tenant pays all outgoings as per lease including building insurance (excl. Land Tax).
- Easily managed single tenant investment
- Fixed 3.25% annual rent increases
- Annual Rental $324,707 pa + GST- Net Income $316,581 pa + GST