Multi-tenant foodcourt and fuel investment
State Highway 1, Wellsford, Rodney
- Proposed Usage
- Floor Area
- 540.00 m²
- Land Area
- 3352.00 m²
- Property ID
â¢ Blue chip tenant mix: Caltex, McDonald's, Jesters Pies, LJS Seafood, TimeOut and Butter Chicken Box
â¢ Net Passing Rental: $378,587 + GST
â¢ Passive asset with long-term leases
This property is an ideal passive investment anchored by McDonald's and Caltex which holds a 12 year remaining lease term.
Located on State Highway 1, this service centre is exposed to over 12,000 passing vehicles per day with convenient access off both State Highway 1 and State Highway 16. Positioned on main-street Wellsford, the site benefits from a strong local population with a district retail catchment of 20,000 people.
The property has a functional design with open-plan access between all tenancies and a central food-court common area with seating and full time cleaning staff.
This asset comprises a strong mix of international and national tenants with a long term lease structure..