SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Modern Petrol Station and Car Wash Complex

296-298 Frankston-Dandenong Road, SEAFORD VIC

Description

12 year lease to November 2023 plus options to 2035.
Annual fixed 3% rent increases.
3,241 sqm corner site with a combined 133 metres of frontage.
Strategic site on a major metropolitan arterial, close to Frankston Freeway and Eastlink Freeway interchanges.
Includes 240 sqm convenience store, 4 island canopy, fibreglass tanks plus a two bay car wash.
Jasbe Petroleum Group: One of Australia's leading independent BP operators with 45 sites across Australia.
Generous depreciation benefits.
Tenant pays usual outgoings except Land Tax.
Rent: $379,399 pa.

Auction 11am AEST Wednesday 15 April.
River Room, Crown Casino, Melbourne.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
3,241 SQM
Building Area
240 SQM

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