Strong Trading West Sydney Service Station – Leased to 2027
12 Luxford Road , Mount Druitt NSW
Property Highlights
Description
Secure 15 year lease to 2027 plus options to 2037
7 Eleven: Major network of 630+ petrol stations and convenience stores across Australia with sales of $3.6 Billion
Attractive fixed annual 4% rental increases
Lessee pays all usual outgoings excluding land tax
High profile 2,503 sqm main road site on 4 lane thoroughfare between Westfield Shopping Centre (12 million visitors annually – 240 retailers), Mt Druitt Hospital, Red Rooster, McDonald’s and automotive retailers
Tenant responsible for site remediation at lease expiry
Mt Druitt: suburb within fastest growing Local Government Area in NSW (Blacktown), undergoing gentrification including ‘The Central’, a 10 storey residential development – 268 apartments, circa $120 million
Net Rent: $382,396 pa
Auction 11am AEST Tuesday 27 June 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property Details