Affordable Trophy Fast Food Service Centre
407 Wagga Road , Lavington NSW
Property Highlights
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