Stonebridge is pleased to present Viva Energy Nowra for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
The asset has the following key investment features:
- 15 year triple net lease to 2031 + options to 2101, with guaranteed income growth via fixed 3% annual rent increases
- Viva Energy Australia – Blue chip $4.6Bn^ ASX listed convenience retail giant with 1,500+ locations nationally
- Prime 1,511 sqm* corner site in Nowra’s main retail strip, boasting 76 metres* of dual street frontage
- Strategically located in Nowra's bustling retail and commercial precinct whilst ideally positioned 500 metres* from Nowra Centre Plaza Shopping Centre
- Bolstered by nearby national tenants including Woolworths, Coles, McDonalds, Subway, KFC, GyG, 7-Eleven and more all within a 1km radius
- Nowra – The administrative and commercial centre of Shoalhaven with catchment set to boom 31% by 2051
- Triple Net Lease – Tenant pays all outgoings including Land Tax and Structural Repairs & Maintenance
- Net Income $523,965 pa* + GST
Viva Energy Nowra is for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^as at 16/10/24
Property Code: 1107