Norco, 50 Yarrawonga Street, Macksville, NSW 2447

Stonebridge is pleased to present ‘Norco Macksville (Mid North Coast) NSW’ for sale via National Portfolio Auction on Wednesday 21 October at 11am (AEDT).

  The asset has the following key investment features:

   -  New 10 year net lease to 2036 + options to 2046, with greater of CPI or 3.5% annual rental increases

   -  Norco- 100% farmer-owned dairy co-operative operating since 1895, with estimated revenue of $788M*

   -  Substantial 3,554 sqm landholding* set centrally amongst 39,600 hectares^ of dairy farmland

   -  Located 2km from the Pacific Highway,* for distribution to all major supermarkets on the North Coast

   -  Net Lease Structure - Tenant pays all usual outgoings including Rates, Insurance and general R&M's

   -  Macksville - Situated in one of Australia's most productive dairy regions accounting for $222M of milk per annum^

   -  North Coast is the largest value to production in NSW, boasting 39,000ha of dairy farmland

   -  Net Income $121,324 pa + GST* 3 month Bank Guarantee + Outgoings

 ‘Norco Macksville (Mid North Coast) NSW’ is for sale via National Portfolio Auction on Wednesday 21 October at 11am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

^NSW Department of Primary Industries and Regional Development

1 Live Northern Rivers

 Our ID: a0TOd00000sP6ojMAC
Our Ref: National Portfolio, Retail Property

Property Code: 1856