Fully Refurbished Service Station Investment

275 Allan Street, Kyabram VIC

Property Highlights

New 10 Year Lease Direct To Metro
50% Stamp Duty Concession
Minimum 2.80% Annual Rent Increases
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Description

** 50% Stamp Duty Concession***

+ 10 Year net lease direct to Metro Petroleum to 2030 plus options through to 2045.
+ Minimum 2.8% annual rental increases.
+ Tenant Pays Usual Outgoings.
+ Proven retail fuel and convenience location with refurbished improvements including tank, bowsers and convenience store upgrades – the best presented facility in Kyabram.
+ Woolworths, Banks and important Health Infrastructure all within 1 kilometre.
+ Large Commercial 1 Zoned 1,398sqm with retail frontage of 35 metres on the main throughfare of Kyabram.
+ Metro Petroleum: One of the largest independent service station networks with 270 service station outlets across the eastern seaboard.
+ Kyabram: Commercial and retail service centre in diverse Goulburn Valley agricultural region and satellite town of both Echuca and Shepparton (both 30 km away).
+ Single tenant, minimum management investment with investor friendly redecoration and tenant remediation clauses.
+ Net Rent: $197,000 pa + GST

For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
1,398 SQM
Building Area
130 SQM

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