Stone Real Estate is pleased to present 27 & 37 King Street, Warrawong for sale via Private Treaty. Strategically positioned on two separate titles, these high-profile assets offer investors the rare flexibility to acquire them either individually or in-one-line. The first title features a modern Guzman y Gomez with a dual-lane drive-through, while the second title comprises a newly completed Ampol service station and a Red Rooster drive-through. This landmark offering is situated in the heart of the Warrawong retail precinct, surrounded by major national anchors such as Woolworths, Coles, and Aldi. Ideally located just 10 minutes from the Wollongong CBD and 75 kilometres south of Sydney, the site benefits from over 105 metres of combined frontage on an arterial road. With significant infrastructure investment and rapid population growth in the area, these properties are perfectly positioned to capitalise on the increasing demand for convenience-based retail. Investment Highlights: * 100% of Income Secured by National Tenants Guzman Y Gomez, Ampol, and Red Rooster are strong, established national brands with secure long-term leases. * Brand New Construction & Significant Depreciation Buildings were completed recently (GYG 2024; Ampol 2023; Red Rooster 2023), offering maximum depreciation benefits. * Strong Lease Covenants & Fixed Reviews Long Weighted Average Lease Expiry (WALE) of 12.73 years (combined) with guaranteed fixed annual rent increases of 2.5% or 3%. Lease Expiry: GYG - 15 July 2044, Ampol 14 September 2035 and Red Rooster 24 September 2035 * Prime Arterial Road Exposure Over 105 metres of combined frontage to King Street, a major road servicing over 40,000 vehicles daily. * Strategic Growth Location Positioned in Warrawong, a major retail precinct surrounded by national retailers (Woolworths, Coles, ALDI), within a 10-minute drive of Wollongong CBD. * Long-Term Development Upside Flexible E2 – Commercial Centre zoning and generous 24-metre maximum building heights offer future development potential across both titles. Property Details (Combined): * Metric 27 King Street & 37 King Street * Tenant Guzman Y Gomez & Ampol & Red Rooster * Net Income $339,900 p.a. & $605,887 p.a. * Lease Expiry 15 July 2044 & 24 & 14 Sept 2035 * Site Area 1,469m² & 2,733m² * GLAR Size 275m² & 1,239m² * Car Parking 14 on-grade & 15 on-grade * FSR 2.5:1 & 2.5:1 * HOB 24m & 24m * Zoning E2 Commercial Centre & Commercial Centre Please contact Dean Haustead to arrange access to the due diligence information or to organise an inspection. Notations: 1. All figures referenced herein are in AUD, GST exclusive and are approximate only. 2. All areas and measurements referenced herein are approximate only. 3. All figures have been provided by third parties and while represented in good faith, prospective purchasers should rely on their own due diligence. . *Approximate.
