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SOLD - Chatswood (Sydney) - Rarely Offered Eastern Valley Way Chatswood Asset
364-366 Eastern Valley Way Chatswood NSW 2067
Investments
Investment
Property No.
Key Property Highlights
| Building Area | 510 sqm |
|---|---|
| Land Area | 1556 sqm |
| Listing Status | Sold |
Cushman & Wakefield is pleased to present to the market 364-366 Eastern Valley Way, Chatswood (Sydney) for Sale via Auction.
The property has the following key characteristics:
- 15 year net lease to 2035 + options to 2065
- EG Group - Multinational fuel & convenience retail giant with 2019 Rev. of $32.4 Billion & 6,012 locations globally
- EG Group - Acquired Woolworths Petrol for $1.7 Billion & operate 540+ Woolworths Caltex service stations
- Significant 1,556 sqm site & 40m frontage to main road
- Prime retail location near Bunnings, Supercheap, Repco, Reece, The Good Guys, & Petbarn amongst others
- Chatswood - Affluent business & residential district in the Lower North Shore of Sydney, 10 km from CBD
- Newly built in 2005, the site offers modern improvements & dual-skinned fibre-glass tanks
- Favourable environmental provisions, ownership of the tanks & remediation the responsibility of EG Group
- Tenant pays all outgoings including Land Tax
- Net Income $390,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.