SOLD - San Remo (Gippsland Region) - Caltex

Strategically positioned on one of the Central Coast’s main connecting thoroughfares between Gosford and Newcastle, 13-15 Pacific Highway, San Remo provides an outstanding opportunity neighbouring the North Lakes Tavern and North Lakes Shopping Centre anchored by Coles and First Choice Liquor. 

This rarely offered investment opportunity provides the astute investor with a long term leased investment to the ASX50 Caltex Limited, located only 90 minutes from the Sydney CBD.
 
Key Features Include:

• Brand new 15 year lease to 2032 plus options to 2052
• Caltex Australia Ltd - An ASX50 company founded in 1900 with a market capitilisation of $8.19 Billion
• Large 3,385 sqm* corner site with over 60 metres of frontage to the Pacific Highway
• Tenant pays all outgoings (excluding Land Tax)
• Fixed 3% annual increases
• Net Income $220,000 pa + GST

*Approx.

For Sale via auction on Tuesday 17 October 2017 at 11:00am AEDT at the Cushman & Wakefield offices - Level 22 / 1 O’Connell Street, Sydney.

For more information, please contact the exclusive agents at Cushman & Wakefield.