SOLD
SOLD
SOLD
SOLD
SOLD

New 15 Year Lease to Westside Petroleum (ASX listed VIVA)

1625 Yarramalong Road , Yarramalong NSW

Property Highlights

Service Station as New

Just Refurbished

Near monopoly position

Description

Fully refurbished with new tanks, bowsers, lines, canopy & fully fitted convenience store
Near monopoly position in popular tourist/equestrian town
Tenant 50% owned by ASX listed Viva Energy, exclusively Shell products

15 year lease to 2033 plus options to 2068
High profile 2,085 sqm land parcel with convenience store & café
Bonus: on title refurbished function centre comes free with the property
Yarramalong: blue ribbon location popular with premium horse studs, citrus growers & tree changers
Fixed 3% annual increases (net income $222,129 in 2032)
Valuable depreciation benefits
Easily managed premium grade investment

Net Income $149,000 pa + GST

Auction
11am AEST Tuesday 6 August 2019
Doltone House Hyde Park, Sydney

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,078 SQM
Gross Building Area
1 SQM

Contact Agents

Michael Gilbert

+610 430 024790

Rhys Parker

0451 101 042

Request Information

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