New BP Service Station – Secure 15 Year Net Lease

Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne

Secure 15 year lease to 2032 plus options to 2052
Lessee pays all usual outgoings including Land Tax
Absolute prime position between McDonald’s & Bunnings

As new, built 2017 providing substantial taxation saving depreciation
Experienced operator now with 9 sites nationally and growing
Minimum 3% increases assuring growth – 3 month security deposit
1,482 sqm corner site with 71 metres retail frontage
Strategic retail position adjoining new McDonald’s, opposite brand new $39M Bunnings Warehouse (opened Feb 2018) and metres to new large format retail precinct including Harvey Norman, BCF, Total Tools, Anaconda and Supercheap Auto
Albury/Wodonga twin cities recognized together as one of Australia’s largest progressive centres servicing a population in excess of 170,000

Rent: $302,357 pa (May 2019)