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Huge Mobil Branded Truck Stop Service Station – Strategically Located Near Albury

16-18 Hovell Street , Wodonga VIC

Property Highlights

Mobil - leading service station brand

10 Year Net Lease to 2027

Secure lease with options to 2037

Description

Australian owned Pacific Petroleum, established operator with 50+ sites
Albury/Wodonga, rapidly growing population forecast to soar by over 30% to more than 120,000 by 2036
Strategic position near the Hume Highway and Wodonga CBD
Massive 4,077 sqm landholding, easy truck turning area with high 5.2 metre canopy, convenience store, office and 2 bay shed
24 hour car & truck refuelling available
IMPORTANT: tenant responsible for remediation, as per the lease

+ Recent 10 year lease to 2027 + options to 2037
+ Net lease, tenant pays outgoings, as per the lease
+ Mobil: global oil and gas leading brand
+ Net Income: $70,697 pa + GST
+ Indicative Price: Circa $1,000,000 (7%+ Return)

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
4,077 SQM
Gross Building Area
523 SQM

Contact Agents

Rhys Parker

0451 101 042

Michael Gilbert

0430 024 790

Jamie Perlinger

0413 860 315

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