Entry Level 8% Yielding Investment

8 Lachlan Street , Condobolin NSW

Property Highlights

Brand New 10 Year Lease + Options
Attractive 3.5% Rent Increases
Tenant Pays All Outgoings
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 8 Lachlan Street, Condobolin NSW for sale via Private Treaty.

The property has the following key investment highlights:

+ Recent 10 year net lease to 2033 plus options until 2053
+ Large 1,450sqm upgraded site with service station, retail convenience store with hot food outlet & mechanical workshop
+ Recent upgrades include fuel infrastructure with state-of-the-art fibreglass tanks
+ Fuel Plus: multi-site fuel & retail convenience brand
+ Includes Country Fried Chicken, 200+ branded outlets across Australia &; New Zealand
+ Condobolin is the largest centre in the heart of NSW
+ Attractive net lease with tenant responsible for all outgoings, as per lease + Easily managed single tenant investment
+ Net Income: $156,057 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,450 SQM
Building Area
1 SQM

Price

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