Affordable Freehold Service Station Investment

375-377 Cressy Street , Deniliquin NSW

Property Highlights

Secure renewed lease

Established tenant

Riverina Region

Description

Renewed lease to 2023 + option to 2028 (tenant has also requested further options be added to the lease)
Greater of CPI or fixed 3% annual rental increases, assuring growth
Metro is one of Australia’s largest service station groups with a network of 200+ service stations across NSW, Victoria and Queensland
Deniliquin is strategically located at the junction of two highways and is a popular inland transport route between NSW & Victoria
Massive 1,714 sqm site set across two titles, improved with a large canopy and a generously sized convenience store
Shop refurbished in 2012, generous depreciation benefits available
All bowsers, tanks, counters, shelves, point of sale computers, forecourt equipment and the complete internal fit-out are the landlord’s property and come with the sale
Easily managed single tenant investment near major banks, Coles & McDonalds
Environmental report and 12 months SIRA reports are available on request

Net Income $76,513 pa + GST
Indicative Price: $1,050,000

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,715 SQM
Gross Building Area
261 SQM

Contact Agent

Rhys Parker

0451 101 042

Request Information

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