SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

High 8%+ Yielding Freehold Investment

481 Urana Road, Lavington NSW

Property Highlights

Established BP Service Station + Retail
10 Year Lease to 2031 + Options
Tenants Responsible for Outgoings

Description

Burgess Rawson is pleased to offer to market the BP Service Station located at 481 Urana Road, Lavington NSW for sale via our Investment Portfolio Auction 160.

The investment has the following key investment highlights:

+ Freehold investment comprising service station with convenience store and retail tenant
+ Service Station: 10 year net lease plus options to 2051
+ Landlord-favourable, net lease terms with tenants responsible for all usual outgoings including land tax (single holding basis) & property management as per leases
+ Attractive annual rent increases, ensuring income growth
+ Strategic and highly exposed 1,360sqm* site
+ Recent Upgrades include shop fit-out, fuel pumps/lines & fibreglass premium unleaded 95 tank
+ Albury Wodonga: fast growing population forecast to soar by 24% to more than 120,000 by 2036^
+ Total Net Income: $166,779 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx
^alburywodonga.gov.au

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,360 SQM
Building Area
290 SQM

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