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Brand New Convenience Retail Investment – 8,327sqm Landholding

34 Dobney Avenue , Wagga Wagga NSW

Property Highlights

15 year lease to 2037 + options 2052
Significant 8,327sqm corner site
Net income: $426,619p.a + GST

Description

+ Brand New 15 year lease to 2037 + options to 2052
+ Significant 8,327sqm* site with further development and value-add potential
+ Mobil (Pearl Energy) – Market leading fuel and convenience retail operator with over 67 sites nationally and growing
+ Bob’s Birdz-N-Pets: locally owned and operated for over 30 years
+ Purpose built premium facility with dual canopy design
+ Newly completed in 2022 – Significant tax depreciation benefits
+ Strategic position opposite Bunnings Warehouse, Reece, Coates Hire and Battery World
+ Wagga Wagga – Largest inland city and strongest regional economy in NSW. Situated within the Riverina region servicing a vast population of 255,000 people
+ Tenant responsible for maintenance of fuel tanks/ equipment plus site remediation
+ Fixed 3% and CPI annual increases
+ Net Income: $426,619 pa* + GST

For Sale by Auction
Tuesday 10 May 10.30am (AEST)
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
8,327 SQM
Building Area
1 SQM

Price

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