Strong Trading Service Station in Booming Western Sydney

59 the crescent, toongabbie nsw

Price: For Sale by Auction

  • Secure 10yr lease
  • Busy service station
  • New lines + bowsers

Property Details

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

High profile 1,135 sqm freehold corner site with brilliant access and includes a mechanical workshop, large canopy & a large convenience store
Shop refurbished in 2014, significant depreciation benefits are available
All bowsers, tanks, counters, shelves, point of sale computers, forecourt equipment, hosts, compressors and the complete internal fit-out are the landlord's property and come with the sale
Metro is one of Australia’s largest independent service station groups with a network of 200+ service stations
Secure 10 year lease to 2024 + options to 2034
Attractive fixed 3% annual rental increases (Net Income $176,746 in 2023)
Tenant pays outgoings (excl. land tax and building insurance), as per lease
Toongabbie: growing Western Sydney suburb between Blacktown & Parramatta
Environmental report and 12 months SIRA monitoring reports are available upon request
Net Income: $152,462 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 260 sqm
Land Size 1,135 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003454

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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