Share this property

realcommercial.com.au
Burgess Rawson - Sydney

EG Group, 180 Portland Drive Cameron Park, NSW 2285

Directions

EG Group, 180 Portland Drive,
Cameron Park, NSW 2285

Shops & Retail • Other • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Sydney
Yosh Mendis

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
EG Group, 180 Portland Drive
Cameron Park, NSW 2285

Map of EG Group, 180 Portland Drive

Directions

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

Property ID: 504299824Last Updated: 7 Feb 2024

Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Sydney

Other properties you might be interested in based on the location and property type you are looking at.