Affordable Trophy Fast Food Service Centre

407 Wagga Road , Lavington NSW

Property Highlights

Subway: world’s largest fast food

Metro: over 200 sites nationally

Net Lease fixed 3% increases

Description

Subway: the world’s largest fast food brand with 42,000 outlets in over 100 countries
Metro Petroleum: over 200 sites nationally, net lease with fixed 3% annual rental increases
IMPORTANT: state-of-the-art fibreglass tanks + tenant responsible for remediation, as per lease

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

+ Recently extended leases to 2021 + options to 2031
+ Albury/Wodonga, rapidly growing population forecast to soar by over 30% to more than 120,000 by 2036
+ Massive 3,035 sqm site with wide 40 metre frontage & rear street access
+ High exposure to over 7.5 million passing vehicles annually
+ Near Aldi, Woolworths, Coles, Big W, Red Rooster, KFC and McDonald’s
+ Surrounded by motels & rest stops, popular refuelling stop between Melbourne & Sydney
+ In comparison to many other service stations the rent could be considered to be below market value

Net Income: $93,310 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
3,035 SQM
Gross Building Area
1 SQM

Contact Agents

Rhys Parker

0451 101 042

Michael Gilbert

0430 024 790

Request Information

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