Affordable Sydney Metro Petrol Investment

8/24 lagonda drive, ingleburn nsw

Price: Contact Agent

  • Renewed lease + options to 2031
  • Annual min. 3% rent increases
  • Affordable service station investment

Property Details

Indicative Yield - 7% net

Entry level Sydney metro service station investment
Renewed 5 year lease until July 2021 + options to 2031
Leased to Westside: now 50% owned by ASX listed Viva Energy (ASX announced 31/8/18)
VIVA Energy: the exclusive Shell licensee in Australia with a network of 1,000+ retail outlets
Strategic neighbourhood location with 33,796 residents living within a 10 minute drive from property
Tenant pays majority of outgoings, as per lease
Attractive minimum 3% annual rent increases assuring future growth
Net Income: $100,550 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 570 sqm
Land Size 570 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003376

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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