SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Freehold Busy Woolworths Service Station – 20 Year Lease & Opportunity for Major Income Growth

110-112 Princes Highway , Unanderra NSW

Property Highlights

Modern fibreglass tanks

Tenant responsible for environmental

3% to 5% annual rental growth

Description

20 year lease to Woolworths to 2022 plus options to 2032
Opportunity for large rental increase at next market review
Busy Princes Hwy corner location opposite Woolworths Supermarket
Close to the northbound M1 junction & Five Islands Rd
National brand name tenant, part of Global EG Group
Multi $ billion petrol brand with 4,700 sites and 30,000 staff
Tenant pays outgoings, (excl. insurance) as per lease

+ Modern double wall fibreglass tanks
+ Environmental covered by tenant
+ Guaranteed rental growth between 3-5% annually
+ Net Income: $166,057 pa + GST

Auction
11am AEST Tuesday 25 June 2019
Doltone House Hyde Park, Sydney

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
833 SQM
Gross Building Area
25 SQM

Contact Agents

Dean Venturato

0412 840 222

Rhys Parker

0451 101 042

Request Information

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