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Rare 25 Year Lease – Viva Energy Owned Tenant (50%)

27 Orange Street , Blayney NSW

Property Highlights

25 year lease + opts to 2080
ASX listed Viva Energy tenant
Award winning service station

Description

Investment Portfolio Auction 124 – 11am AEDT Tuesday 23 October 2018, Sydney

Rare 25 year lease until 2040 + options to 2080
Tenant 50% owned by Viva Energy, ASX listed $15.5 billion energy giant
VIVA Energy: the exclusive Shell licensee in Australia with a network of 1,000+ retail outlets
Award winning service station and convenience store
Prime location on the Mid Western Highway linking Sydney/Bathurst with Central Western NSW and the Riverina regions
Blayney: centre of growing Blayney Shire LGA, major centre for mining, food production and processing, Australia’s largest inland container terminal underlining its strategic crossroads location
IMPORTANT: Brand new double skin storage tanks, new pumps & pipes
Separate access hi-flow diesel
Valuable depreciation benefits
Tenant pays all outgoings, as per lease
Fixed annual rent increases 3.95% pa (net income $283,000 pa in 2025, $506,778 pa in 2040)

Net Income: $233,522 pa + GST (at settlement)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,138 SQM
Building Area
1,138 SQM

Price

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