SOLD - Moorebank (Sydney) - Caltex

Cushman and Wakefield are pleased to present to the market 2 Bridges Road, Corner of Newbridge Road, Moorebank for sale via Auction.

The property has the following key characteristics:

• 15 year lease to 2033 + options to 2053 
• Caltex Australia Petroleum Pty Ltd - A wholly owned subsidiary of Caltex Ltd, an ASX50 company with a market capitilisation of $8.28 Billion
• Significant 1,728 sqm site with 70 metre frontage.Exposure to over 19,000 vehicles daily
• Bustling Western Sydney location 25 km’s from the CBD and surrounded by strong amenity and infrastructure including the Bankstown Airport, Liverpool Hospital, Westfield Liverpool Shopping Centre and Liverpool Train Station
• Moorebank - Part of a high growth corridor forecast to grow by 9.8% and reach 76,356 people by 2027
• Favourable environmental provisions with ownership of the tanks and remediation responsibility of Caltex Ltd
• Tenant pays all usual outgoings (including Land Tax)
• Fixed 3% annual increases
• Net Income $205,000 pa + GST

*Approx.

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Tuesday 24th July at 10.30am at the Cushman & Wakefield Sydney office, located on Level 22, 1 O’Connell 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 from one of these locations, please liaise with the exclusive agents.