Brand New Service Station and Food Investment; Strategic Location at M7 Junction
505 Cowpasture Road , Hoxton Park NSW
Property Highlights
New 10 yr leases + options to 2038
IMPORTANT: Just metres from M7 ramps
Booming South West Sydney location
Description
Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Brand new service station with dedicated hi-flow truck stop PLUS drive-thru Oporto restaurant
Strategic 2,586 sqm land holding
Valuable depreciation benefits from brand new building
Booming South West Sydney location, major population growth centre major intersection with over 30,545 cars per day and growing
Opposite new Bunnings Warehouse, next to brand new Guzman y Gomez, Lone Star and McDonalds
New Aldi supermarket under construction
Just started 10 year leases until 2028 plus options to 2038
Direct Oporto lease
Annual 3% + CPI rent increases
Net Income: $440,561 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,586 SQM
Building Area
0 SQM