New 12 year lease from November 2013 to ASX listed company Caltex Petroleum Pty Ltd.
Brand new service station investment opened late 2013.
Main road frontage with excellent exposure to busy highway (circa 30,000 passing vehilces daily).
Large 3,123sqm site, approx.
Tightly held Rutherford business and retail precinct, home to many national/international tenants including Masters Hardware, Harvey Norman, Officeworks, McDonalds, BCF, Snooze, Spotlight, BWS and countless others.
Excellent depreciation benefits.
Easily managed single tenanted investment.
Tenant pays 100% of outgoings, as per lease.
Annual rent increases between 2% and 4%.
Net Income - $293,265 pa* (November 2014).
Auction 2pm Tues 16 Sept, 50 Margaret St Sydney
Dean Venturato 0412 840 222
Kieran Bourke 0417 418 007
|Gross Building Area