Affordable Freehold Service Station Investment

375-377 cressy street, deniliquin nsw

Price: For Sale by Auction

  • Secure renewed lease
  • Established tenant
  • Riverina Region

Property Details

Auction 11am AEDT Thursday 21 February 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

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

Featured Details

Current Tenant Tenanted
Gross Building Area 261 sqm
Land Size 1,715 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003456

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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