Kooragang Service Centre
130 Cormorant Road, Kooragang, NSW 2304

Global & National Tenants - Strategic Convenience Retail & Distribution Centre

  • ASX and NYSE Listed Anchor Tenants

  • Significant 21,000sqm corner landholding

  • Net Income $769,736 + GST

An exceptional investment offering featuring the following key characteristics:

- Prized Convenience Retail, Fast Food & Distribution Centre with 86% of income underpinned by global and national tenant covenants
- Viva Energy Australia Pty Ltd - Wholly owned subsidiary of ASX listed Viva Energy Group Ltd (ASX:VEA) with market capitalisation of $3.90 billion. Local network of over 1,250 locations across Australia
- Elgas Ltd - Wholly owned subsidiary of Fortune 500 Linde PLC, the world’s largest industrial gas company by market share/revenue. Listed entity on German & New York Stock Exchange with market cap of over $148 billion
- KFC - Iconic fast food brand serving 2 million customers weekly across 640 outlets nationally
- Barrington Bakery - Award winning, third generation bakers with 6 sites across New South Wales
- BayWash - 24 hour fully automated car wash facilities
- Newly purpose-built distribution facility, service station (with diesel truck stop) & convenience centre with KFC drive thru and automated/manual car wash facility, offering significant depreciation benefits
- Strategic 21,000 sqm corner site with direct access to Cormorant Road
- Surplus land for future development upside (STCA)
- Viva Energy rental paid annually in advance
- Fixed 3% and CPI annual rent increases
- Net Income $769,736 + GST

The property is for sale via Expressions of Interest closing Wednesday 25 August at 3pm.

Anthony Bray 0419 322 233