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High 8% Yielding Retail & Convenience Investment – Net Lease with 3% Increases

103-107 Archer Street , Shepparton VIC

Property Highlights

5 Year Lease to 2027 Options to 2052
Fixed 3% Annual Rent Increases
Tenant Pays All Outgoings
Register to Bid

Description

Burgess Rawson is pleased to offer a recently upgraded Ampol branded retail and convenience investment located at 103-107 Archer St, Shepparton VIC for sale via Investment Portfolio Auction 162.

The property has the following investment highlights:
+ Established & long trading service station and convenience store
+ 5 year lease to July 2027 plus options through to 2052
+ Strategic 2,308sqm site ideally positioned within tightly held industrial precinct
+ Site includes fuel infrastructure with fiberglass tanks
+ Shepparton: major regional city with a 100,000+ trade catchment
+ Attractive net lease with tenant responsible for outgoings
+ Fixed 3% annual rent increases

+ Net Income: $123,600 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,308 SQM
Building Area
1 SQM

Price

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