SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Strong Trading Service Station in Booming Western Sydney

59 The Crescent , Toongabbie NSW

Property Highlights

Secure 10yr lease
Busy service station
New lines + bowsers

Description

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
Indicative Price:$2,200,000

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,135 SQM
Building Area
260 SQM

Price

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