Charlotte Bay NSW 2428
For Sale $5,499,500
- Property Type Retail
- Land area approx 2068sqm
- Floor area approx 1000sqm
- Region Hunter
- Locality Mid-Coast
Prime Real Estate withTWO essential service tenants Foodworks Supermarket WITH Bottle Shop, and Service station
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
Keiran Parry-Jones.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
Email a friend
You must be logged in and have a verified email address to use this feature.
Call Agent
-
No Agent Property - NSWNo Agent Property