Stonebridge is pleased to present Officeworks Bathurst for sale via National Portfolio Auction on Wednesday 9 April at 11am (AEST).

The asset has the following key investment features:

– Secure 5 year lease to 2027 plus options to 2042 with guaranteed income growth via fixed 2.5% annual rent increases

– Officeworks Ltd – Wholly owned subsidiary of ASX Wesfarmers Ltd with revenues of $44.2Bn across 171+ stores

– Boasting 1,007 sqm* of premium lettable area with prominent signage, rear loading dock and access to 150+ car parks

– Longstanding Officeworks (10+ years in occupation) strategically positioned 1.5km from Woolworths, Big W & Kmart anchored Armada Bathurst shopping centre that services over 1.2 million visitors annually

– Prime retail location surrounded by national retailers, Bunnings, The Good Guys, Ampol, Autobarn, Supercheap Auto & more.

– Prominent exposure to the Great Western Highway (29,905+ vehicles daily) the major arterial road between Bathurst and Sydney

– Bathurst (Central West) – One of the largest & fastest growing regional cities in NSW, hosting a $3Bn economy and an expected population booming to 58,622+ by 2041

– Net Income – $160,555 pa* + GST

Officeworks Bathurst is for sale via National Portfolio Auction on Wednesday 9 April at 11am (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1213