Lithgow's multi-use site, home to BWS and Supercheap Auto, is set to go under the hammer later this month.
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But not to worry, the popular businesses have renewed their long-term leases through until 2025/26 with options to extend.
The 2833 square metre commercial asset was listed for sale ahead of Burgess Rawson's Flagship Portfolio Auction of the Year.
The auctions are held every six weeks in Melbourne and Sydney, bringing together a range of "highly sought-after commercial investment properties across Australia".
It will offer the buyer a secure income flow for many years.
- Burgess Rawson director Dean Venturato
Burgess Rawson director Dean Venturato said the Lithgow site was listed as the owners were consolidating their investments and looking to purchase a larger asset.
He said private investors would be attracted to purchase the site.
"I think private investors will be attracted to the site as it is a safe and secure investment that is leased to nationally recognised ASX listed tenants.
"The location is also appealing to the tenants who trade there as well as prospective buyers with an incredibly high volume of traffic passing by daily," he said.
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Mr Venturato said he had received a number of enquiries from investors across the country and anticipated the site to sell close to $4 million.
"It's a dominant site in the CBD featuring three sizable street frontages.
"There are investors eager to add this asset to their commercial property portfolio," he said.
He said the ultimate goal for the site would likely see it continue as a strong performing, and well leased investment.
"It will offer the buyer a secure income flow for many years," he said.
The property will go to auction at 11am on Tuesday, February 27 at Sydney's Doltone House in Hyde Park.
For further information contact Dean on 0412 840 222 or dventurato@sydneyburgessrawson.com.au
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