Fully Refurbished Service Station Investment
275 Allan Street, Kyabram VIC
Property Highlights
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