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180 Portland Drive, CAMERON PARK, NSW, 2285

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180 Portland Drive, CAMERON PARK, NSW, 2285

180 Portland Drive, CAMERON PARK, NSW, 2285

Properties / Sold / New South Wales / Cameron Park
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact Agent
Land Area
3,874 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Retail, Other, Land
Terms
Brand new 15-year lease to 2038 plus options to 2068
Est. Income
$450,000 p/a
Fully Leased
EG Group
Show All

2. Property Highlights

Brand New Fast Food & Convenience Retail Investment - Newcastle Growth Corridor
  • 15-year lease to 2038 plus options
  • Annual CPI reviews
  • Substantial depreciation benefits

Burgess Rawson is pleased to offer to the market EG Cameron Park NSW for sale via our Investment Portfolio Auction 160.

The property has the following investment highlights:

+ Brand new 15-year lease to 2038 plus options to 2068

+ EG Group: Multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally.**

+ Favourable annual CPI rent reviews.

+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings (including Land Tax)

+ Substantial 3,874 m2 ‘pad site’ directly adjoining McDonald's and Woolworths anchored Cameron Park Plaza

+ Brand new state-of-the-art purpose-built convenience retail and fast-food drive thru facility offering outstanding tax depreciation benefits.

+ Positioned in close proximity to two of NSW’s most important arterial routes Pacific Highway and George Booth Drive which collectively service over 62,500 cars daily ***

+ Directly neighbouring national consumer giants located in Cameron Park Plaza such as McDonalds, Woolworths and KFC, developed in 2020.

+ Strong consumer demand with 69% of households in the area owning 2 or more vehicles.

+ Approximately 10m annual visitors to the Newcastle region creating $3.2b in expenditure****

+ Net Income: $450,000 pa + GST

To be sold by Investment Portfolio Auction

10:30am AEDT Tuesday 9 May 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

** EG Group

*** Gapmaps

**** Destination NSW

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Other, Land
Est. Income
$450,000 p/a
Tenant
EG Group
Terms
Brand new 15-year lease to 2038 plus options to 2068
Land Area
3,874 m² (*approx)
Floor Area
1 m² (*approx)
Selling Method
Auction
Auction Date
9 May 2023 10:30AM
Selling Details
Contact Agent

2. Property Highlights

Brand New Fast Food & Convenience Retail Investment - Newcastle Growth Corridor
  • 15-year lease to 2038 plus options
  • Annual CPI reviews
  • Substantial depreciation benefits

Burgess Rawson is pleased to offer to the market EG Cameron Park NSW for sale via our Investment Portfolio Auction 160.

The property has the following investment highlights:

+ Brand new 15-year lease to 2038 plus options to 2068

+ EG Group: Multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally.**

+ Favourable annual CPI rent reviews.

+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings (including Land Tax)

+ Substantial 3,874 m2 ‘pad site’ directly adjoining McDonald's and Woolworths anchored Cameron Park Plaza

+ Brand new state-of-the-art purpose-built convenience retail and fast-food drive thru facility offering outstanding tax depreciation benefits.

+ Positioned in close proximity to two of NSW’s most important arterial routes Pacific Highway and George Booth Drive which collectively service over 62,500 cars daily ***

+ Directly neighbouring national consumer giants located in Cameron Park Plaza such as McDonalds, Woolworths and KFC, developed in 2020.

+ Strong consumer demand with 69% of households in the area owning 2 or more vehicles.

+ Approximately 10m annual visitors to the Newcastle region creating $3.2b in expenditure****

+ Net Income: $450,000 pa + GST

To be sold by Investment Portfolio Auction

10:30am AEDT Tuesday 9 May 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

** EG Group

*** Gapmaps

**** Destination NSW

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

180 Portland Drive, CAMERON PARK, NSW, 2285

Property Map
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
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