Ultra Rare Ground Lease to Convenience Retail Giant
884 Pacific Highway , Lisarow NSW
Property Highlights
Description
Burgess Rawson is pleased to present this rare ground lease convenience retail investment opportunity leased to EG Group to the market via Auction.
The property has the following features:
+ 10 year ground lease to 2030 plus options to 2050
+ EG Group: Multinational fuel and convenience retailer with $32.4B annual revenue & 6,000+ locations globally
+ Newly built in 2020 including landlord works, offering rare depreciation benefits
+ High profile 2,770sqm* Pacific Highway landholding
+ Landlord friendly lease – ownership of the tanks & remediation the responsibility of EG Group
+ Easily managed, zero landlord repair & maintenance obligations
+ Net Income $84,942 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
Property Details
Price
Contact Agent
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