Phone enquiries – please quote property ID 37939.
PRIME COASTAL INVESTMENT – LEASES TO 2041 & 2049 (7.23% NET YIELD + CPI)
An outstanding opportunity to secure a premium coastal investment with two established tenants on long-term leases. Ideally located in the Pacific Palms region, just 25km from Forster, this property offers income security, growth and future upside.
Investment Highlights
Two established tenants
– FoodWorks Supermarket (built 2019, liquor licence secured, new in-store bottle shop trading)
– Metro Petroleum Service Station (independent operator with long lease security)
Lease terms
– FoodWorks: Current lease options extend through to 2041
– Service Station: 14 years remaining (to 2039) + 10-year option (to 2049)
Income
– $396,540 net per annum + CPI (tenants pay outgoings)
Capital works
– Supermarket with 20-space concrete car park
– Service station fully refurbished with new tanks, dual-wall piping & forecourt upgrade
Location & Exposure
Prime street frontage with excellent traffic exposure
Positioned in Charlotte Bay, servicing Blueys Beach, Smiths Lake & Coomba Park
Only 25km from Forster, a major Mid North Coast growth hub
Rear boundary fronts Wallis Creek, providing additional future potential
Scale & Security
Land area: 2,068 sqm (approx.)
Net income: $396,540 p.a. + CPI
Net yield: 7.23%
Long trading history and proven performance with CPI-linked rental growth
Value-Add Potential
Private 8m wharf with 40m creek frontage, historically mooring vessels up to 55ft
Potential for private marina berth or mooring income
Landscaped area ideal for coffee/food van activation, generating supplementary rental return
Why Invest?
This is one of the strongest regional coastal investments available – secure leases to 2041 & 2049, guaranteed CPI-linked income of $396,540 net p.a., and additional upside from its waterfront location.
Growth Drivers
Significant residential development is underway in the Pacific Palms region, including a major over-55s community now under construction, with several more projects approved.
Expanding the local population will further underpin trade for both the supermarket and service station, securing the long-term income stream.
Growing tourism and lifestyle migration to the Mid North Coast adds further demand for retail and fuel services.
Contact us today to secure this premium long-term coastal investment.
Thanks
Kieran Parry-Jones.
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