High 8% Yielding Retail & Convenience Investment – Net Lease with 3% Increases
103-107 Archer Street, Shepparton VIC
Property Highlights
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
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Price
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