387 387 new england highway, rutherford

Price: $5,050,000

Property Details

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

Featured Details

Gross Building Area 1 sqm
Land Size 3,123 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 1902

Thank you for showing interest in us.

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

Similar Properties

  • Sold
    Bulk Supermarket / Wholesale Food Barn on Edge of CBD Location

    5 brewery lane, tamworth nsw

  • Sold
    Caltex Service Station, 25 Year at this Address – 10 Year Lease with Rent Paid Annually in Advance

    2 bellevue road, forresters beach nsw

  • Sold
    Affordable Investment on Popular South Coast Brand New 7 Year Lease – Below Replacement Cost

    12 the springs road, sussex inlet nsw