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Secure Caltex Net Lease – Circa 8% Yield

73 Meninya Street (Cobb Highway), Moama NSW

Property Highlights

10 Year Lease To 2024 + Options
Tenant Pays Outgoings Incl. Land Tax
Thriving Murray River Location
Register to Bid

Description

+ 10 year lease to October 2024 plus options to 2034
+ Net lease structure with tenant paying usual outgoings including Land Tax
+ Caltex/Ampol Ltd. – Australia’s largest ASX-listed fuel retailer, market cap $6.31B
+ 2,008 sqm corner opposite Woolworths anchored Shopping Centre with 13,800 vehicles passing daily
+ Inc convenience store & car wash + Echuca/Moama: thriving Murray
+ River tourist mecca, trade catchment circa 50,000, plus year round holiday influx
+ Net Income: $157,500 pa (approx.)

For Sale by Auction
10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
2,088 SQM
Building Area
134 SQM

Contact Agents

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