CESSNOCK_United Petrol

102 102 wollombi road, cessnock

Price on Request

Property Details

Modern service station built in 2007
Leased to United Petroleum until July 2017 + 5 + 5 year options
Dominant traffic signal controlled 2,500 sqm corner site
Net lease with tenant paying all outgoings plus all future regulatory upgrades
Recent $130,000 site upgrade conducted by tenant
Clean environmental certificate issued
Includes large convenience retail premises and upgraded "Drive Thru" automated "Touchfree" car wash
Commercial zoning suits many possible future business uses
Greater of CPI/2.75% annual rent increases
Well managed leading service station in the area
Easily maintained national tenant leased investment
Net Income: $353,659 pa + GST (as at July 2014)

Indicative Asking Price $3,700,000
Circa 9.5% Yield

Dean Venturato 0412 840 222

Featured Details

Gross Building Area 1 sqm
Land Size 2,500 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 1240

Thank you for showing interest in us.

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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