Investment | Retail

Property ID: 325038

 

BLUE CHIP INVESTMENT!!

12-18 Langford Drive, Kariong, NSW 2250

This unique opportunity with a National Tenant in the heart of the Central Coast Growth Corridor has been listed to sell! Our motivated vendors have just recently resigned a brand new 5 year lease plus options until 2038. This quality property has complete reports and documentation available on request. Details and property particularly include:

Title: Lot 2 DP 835491
Site Area: 1,717m2
Leased to: Caltex Australia Petroleum Pty Ltd
Term: 5 years
Commencement: 1st of December 2018
Expiry: 30th of November 2023
Options to renew: 3x five year options
Rent: Currently $161,438 p.a net
Reviews: Annual CPI; Market review at exercise of option
Outgoings: Rates. taxes. and insurance payable by tenant.

Please contact us for the lease and contract and a detailed Information Memorandum.

Do not miss out on this rare offering!

Sold

$2,250,000

Ty Blanch L.R.E.A. Principal

Centralcoast Centralcoast