High Profile Highway Caltex Service Station

172-174 Princes Highway , Albion Park Rail NSW

Property Highlights

Renewed Lease

5 Yrs to 2022 + Optns

Head lease to Caltex

Description

Head lease to Caltex Australia, top 100 ASX listed company
First service station off the Illawarra Highway turnoff
High traffic flow, over 34,000 passing vehicles daily
Secure 5 year lease to 31 December 2022 + options to 2032
Strategic 2,239 sqm freehold landholding with 40 metre+ frontage
Albion Park Rail forms an integral part of the rapidly growing Shellharbour City Region
The population of the area is forecast to soar by around 30% to 94,877 by 2041
Quality improvements incl. large canopy, workshop & Star Mart convenience store
BWS, Bakers Delight, Oporto, McDonald’s & Albion Park Train Station all located nearby

Net Income
$229,398 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,239 SQM
Gross Building Area
1 SQM

Contact Agents

Rhys Parker

0451 101 042

Dean Venturato

0412 840 222

Request Information

Stay up to date with our latest portfolio auctions & insights