For Sale
Viva Energy Nowra
55 Kinghorne Street, Nowra NSW
Stonebridge is pleased to present Viva Energy Nowra for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
The asset has the following key investment features:
- 15 year triple net lease to 2031 + options to 2101, with guaranteed income growth via fixed 3% annual rent increases
- Viva Energy Australia – Blue chip $4.6Bn^ ASX listed convenience retail giant with 1,500+ locations nationally
- Prime 1,511 sqm* corner site in Nowra’s main retail strip, boasting 76 metres* of dual street frontage
- Strategically located in Nowra's bustling retail and commercial precinct whilst ideally positioned 500 metres* from Nowra Centre Plaza Shopping Centre
- Bolstered by nearby national tenants including Woolworths, Coles, McDonalds, Subway, KFC, GyG, 7-Eleven and more all within a 1km radius
- Nowra – The administrative and commercial centre of Shoalhaven with catchment set to boom 31% by 2051
- Triple Net Lease – Tenant pays all outgoings including Land Tax and Structural Repairs & Maintenance
- Net Income $523,965 pa* + GST
Viva Energy Nowra is for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^as at 16/10/24