New BP Service Station Between McDonald’s, Bunnings & Large Format Retail Centre

687 drome street, albury nsw

Price on Request

  • Secure Lease To 2032 Plus Options
  • Minimum 3% Rent Increases Annually
  • Strategic Retail Positon

Property Details

Secure 15 year lease to 2032 plus options to 2042.
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), close to Albury Airport and metres to new large format retail precinct including Harvey Norman, BCF, Total Tools, Anaconda and Supercheap Auto.
Albury/Wodonga twin cities recognised together as one of Australia’s largest progressive centres servicing a population in excess of 170,000.
Rent: $302,357 p.a. (May 2019)

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

Featured Details

Current Tenant Tenanted
Gross Building Area 126 sqm
Land Size 1,482 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002690

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

Similar Properties

  • Prominent Freehold Bank Investment

    140-144 main street, lithgow nsw

  • Entry Level Childcare Investment – Brand New 15 Year Lease Min. 3% Annual Increases

    28 keen street, lismore nsw

  • Boutique Childcare Investment – Sydney’s Inner West

    51 crieff street, ashbury nsw