Vacant DA Approved servo site

Prime Narrandera CBD conner site of 2,024 sqm DA approved for a service station, convenience store and restaurant.
Lessee: Westside Petroleum Holdings Pty Ltd
• Brand new 10 year lease plus four (4) further five (5) year option periods
• DA approved service station site with ATL for 10 years plus 4 x 5 year option periods
• Lease (ATL) to rapidly expanding Westside Petroleum Holdings Pty Ltd. 50+ outlets across the eastern seaboard
• Prime CBD corner position will capture high volumes of light and commercial vehicles
• State-of-the-art design(ed) service station comprising 4 fuel pump islands, canopy, convenient store and restaurant
• Generous depreciation benefits
• Tenant pays outgoings as per lease (ATL)
• Fixed guaranteed rental growth – 3% increases
• Net Income: $260,000 pa + GST