High-profile, split-risk investment returning $213,903 net p.a. + GST with a 7.2-year WALE and regular rent reviews ensuring steady income growth.
Anchored by Z Energy Limited (lease to 2048 if all renewals exercised) and complemented by an established automotive tenant on a new lease through to 2035.
The 2,986sqm freehold Commercial-zoned site sits directly opposite Mitre10 Mega, benefiting from strong traffic flow, excellent visibility, and dual access via a secondary laneway.
KEY POINTS
- $213,903 net p.a. + GST
- 7.2-year WALE with built-in rent growth
- Z Energy + automotive tenant mix
- 2,986sqm freehold Commercial land
- Dual access and prime exposure
- Asking price $3.25M – 6.6% yield