New 5 year lease expiring March 2019 plus 4 x 5 year options.
Functional 3,794 sqm building with timber storage and display, sales, office and admin uses.
Large 6,723 sqm site with 47 carspaces.
Business and premises will be significantly upgraded and rebranded to Home Timer & Hardware, at full cost to Woolworths.
Major investment by Woolworths signifies long term investment prospects.
Annual rent increases by CPI.
Net Income: $335,289 pa + GST.
Auction 2pm Tues 24 June, 50 Margaret St Sydney
Kieran Bourke 0417 418 007
Dean Venturato 0412 840 222
Lot/Plan No: GUNG/MITC/38/37/