Tenancy 4/152-156 Pacific Highway Tuggerah
- Leased to BCF to 2025 + option to 2030
- Guaranteed 3% Annual Return Increases
- 235 on-site common parking spaces
Premium Retail 5+5 Year Leased Investment BCF Tuggerah
This property is set amongst established commercial developments in the heart of Tuggerah Straight with over 29,000 vehicle movements per day the Tuggerah Straight Commercial Centre (TSCC) is approximately 1.5km from Westfield Tuggerah,1km from Tuggerah train station and 2.5km from the M1.
Chapman & Frazer Commercial Real Estate are proud to present Tenancy 4/152-156 Pacific Highway, Tuggerah for sale via Expression of Interest. Tenancy 4 is currently occupied by BCF (Boating, Camping & Fishing) on a long term lease.
BCF is a wholly owned subsidiary of the ASX listed Super Retail Group (ASX: SUL) who have 690 stores Australia wide including BCF, Supercheap Auto, Rebel Sport & MacPac.
The total net lettable area of this prominent retail showroom is 1,482sqm approx. comprising ground floor & mezzanine showroom, plus loading dock, staff amenities & access to 235 car parking spaces.
Current gross income is $345,050 + GST with outgoings payable by the landlord currently $53,710.00 Per Annum approx.
Scentre Group (formerly Westfield) has proposed to evolve Tuggerah Town Centre as the gateway to the northern Central Coast and to grow the region as a key location for economic development and residential growth. As such Central Coast Council will submit a planning proposal to the State Government for approval to rezone 42ha adjacent the Westfield centre into a new 2,177 housing subdivision. The NSW Government announced in 2019 to back a proposal from Scentre Group for a combined $2.8B investment in the Tuggerah area. The planning agreement will aim to provide 10,000 jobs during construction of the project and more than 2,500 permanent local positions as a result.
This is a once in a lifetime opportunity to acquire & hold this prominent retail showroom, add a BCF tenancy to your portfolio & become a part of the highly successful and centrally located Tuggerah Straight Commercial Centre (TSCC).
To receive the Information Memorandum or to inspect the property please contact us.