118 Gan Gan Road, Anna Bay NSW 2316

$6,250,000

Building Area 1,200 m²

Site Area 7,362 m²

Parking 36

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Auction Date: September 25, 2024

Entire centre anchored by SPAR supermarket and essential services

Auction Location: Online via Auctions Live and in room

For Sale by Public Auction 25th September 2024 11am AEST online via Auctions Live and in room.

Located in a popular tourist hotspot, 118 Gan Gan Road, Anna Bay is a fully let investment asset situated on a 7,369*sqm site area with a NLA of approx. 1,200*sqm. The property is anchored by SPAR Australia along with essential tenants, generating $414,458* net per annum. Occupied by SPAR, Anna Bay NEWSPOWER, Australia Post, Wholesale Meats, Hot Bread Bakery and Crave @ Rubi Blue Café, this property provides a secure investment opportunity in a popular Port Stephens suburb of Anna Bay.

The property holds a large site area with dual access for employees and customers. With 36 ongrade car parks and loading dock, the property is easily accessible to accommodate a large scale of shoppers and customers. Neighboring 118 Gan Gan Road is Anna Bay Tavern and located directly opposite is the Anna Bay Pharmacy and BP service station. The properties' superior location and investment prospects offer investors secure returns and quality tenant mix.

118 Gan Gan Road takes up approx. 40% of the entire site area, offering potential for expansion STCA. With the current tenant profile of 118 Gan Gan Road, Anna Bay and neighboring services, this added value of remaining land provides an opportunity to increase rental returns and tenancy growth.

Key features :
- Returning $414.458* net per annum + GST
- Anchored by SPAR Supermarket alongside Essential Service Tenancy Mix
- 4.2 year WALE
- 7,369sqm* site area
- 36 onsite car parks & loading dock
- Dual access points

*Approximately

Enquiries: 56
Bidders: 3
Bids: 14

Jacob Siever

Isaac Reville

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