Favourable Triple Net Lease – Secure ASX 200 Listed Tenant
- $2,100,000/Contact Agent
Property Description
Stonebridge National Investment Sales is pleased to present to the market Shell Coles Express – 42 Buladelah Way, Bulahdelah for Immediate Sale via Offers to Purchase.
The asset has the follow key investment features:
• 10 year triple net lease to 2026 + 7 x 10 year options to 2096
• Viva Energy Australia – ASX listed tenant providing one quarter of Australia’s fuel requirements^, market capitalisation of ~ $4.0 Bn1
• Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^
• Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges
• Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure
• Commanding 3,158 sqm site with 61m* frontage to Bulahdelah Way, a key tourist route providing direct Pacific Highway access
• Conveniently located near IGA, St Joseph’s Primary School, Bulahdelah Central School and Bulahdelah Tyre & Mechanical
• Bulahdelah – Township bound by the Pacific Highway in the MidCoast NSW Region – broader regions population forecast to increase 17.41% to 113,147 by 20362
• Fixed 3% annual rent increases
• Net Income $165,395 pa* + GST (as at August 2022)
*Approx. ^Viva Energy Australia 1ASX 2Forecast ID
For further information, please contact the Stonebridge team –
Michael Collins | 0404 023 204
Tom Moreland | 0408 072 822
Rorey James | 0439 400 081
Kevin Tong | 0422 848 818
Property Code: 420






