SOLD - Woy Woy (Central Coast) - Striking Fuel & Convenience Retail Centre - Renewed 15 Year Lease

Cushman & Wakefield is pleased to present to the market 62-68 Memorial Avenue, Woy Woy (Central Coast) for Sale via Auction.

The property has the following key characteristics:

• Ampol - Renewed 15 year lease to December 2033 + options to 2043 - ASX 100 company with 1,900 locations & Market Cap. $7.09 Billion
• Rebuilt fuel & convenience retail service station & carwash with latest specifications & new Ampol branding
• Substantial main road high profile 3,716 sqm landholding with over 61m of frontage & 22 onsite car spaces
• Significant tenant investment - recently upgraded with brand new canopy, tanks & fuel infrastructure
• Landlord friendly net lease - tenant pays all outgoings including Land Tax as per lease
• Central Coast NSW - exhibiting strong population growth with over 340,000 people & GRP of $15.52 Billion
• Favourable environmental provisions, ownership of the tanks & full remediation the responsibility of Ampol
• Net Income $245,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.