GLENDALE
2356sqm
205sqm

sold

15 YEAR LEASE + OPTIONS
$3,890,000
* 15 year lease to Shell commenced February 2009
* 2 x 5 year further options expiring February 2034
* Major arterial linking F3 Freeway to greater Newcastle and Lake Macquarie
* Large 2,356m2 site (approx.)
* Annual CPI rent reviews
* Limited competition, successful trader
* Tenant pays outgoings as per lease
* Easily managed single tenant investment
* Current income: $304,371 + GST per annum
* Owner responsible for insurance
CO AGENT - Darren Beehag 0411 226 223
dbeehag@burgessrawson.com.au
WE'VE CONSISTENTLY BEEN THE GO-TO TEAM FOR ALL LEASING, SALES, MANAGEMENT, AND ADVICE - WITH A SMILE.
We're all about opening possibilities. Moving up, down, across, bigger, better - or as we like to say "Always a good move". We're shaking things up to do things differently, better, more effectively. Because, at the end of the day, it's really all about you. What do you want? What's your next move? How can we make that the best possible experience for you, your property, your lifestyle, your business? That's why we're here. That's what we do, and we have the team and the insights to make that happen.