SOLD - Burwood (Sydney) - Trophy Parramatta Road Asset - Large 3,028 sqm Landholding

Cushman & Wakefield is pleased to present to the market 400-414 Parramatta Road, Burwood (Sydney) for Sale via Auction.

The property has the following key characteristics:

• 15 year net lease to 2035 + options to 2065
• EG Group - Multinational fuel & convenience retail giant with 2019 Rev. of $32.4 Billion & 6,012 locations globally
• EG Group - Acquired Woolworths Petrol for $1.7 Billion & operate 540+ Woolworths Caltex service stations
• Parramatta Road site - 45,000 cars passing daily with direct access to Great Western Hwy & Western Mwy
• Strategic position in close proximity to national tenants including Dan Murphy’s, 7-Eleven, Reece & Caltex
• Burwood - Inner west suburb 10 km from Sydney CBD
• Newly built in 2008, the site offers modern improvements & dual-skinned fibre-glass tanks
• Favourable environmental provisions, ownership of the tanks & remediation the responsibility of EG Group
• Tenant pays all outgoings including Land Tax
• Net Income $330,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.

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.