Immaculate Convenience Retail Investment
Description
Burgess Rawson is pleased to offer to the market 2 Bellevue Avenue, Forresters Beach NSW for sale via our Investment Portfolio Auction 163.
The property has the following investment highlights:
+ Successful and long standing service station of 31 years
+ Important 15 year head lease to AMPOL to November 2029 + option to 2034
+ AMPOL: a top ASX company with 1,900+ stations nationally
+ Large attractive canopy, immaculate Woolworths Metrogo store plus mechanical workshop, 100% leased to AMPOL
+ Totally upgraded site with modern fuel infrastructure includes double wall fiberglass fuel tanks
+ Highly exposed 1,957sqm* corner site with 18,000 vehicles per day
+ Booming Central Coast region with 358,113 people, & forecast to grow to 415,355 (up 16%) by 2036
+ Attractive net lease with tenant responsible for paying outgoings (excluding land tax), as per lease
+ Annual CPI rent increases
+ Net Income: $334,900 pa + GST**
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 12 September 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx **As at 1 December 2023
Enquire
Contact agents
Kieran Bourke Partner
0417 418 007Darren Beehag Partner
0411 226 223Enquiry Form
Forresters Beach, NSW
2 Bellevue Road
For Sale by Expression of Interest
This property is part of Portfolio 162
Price: Contact Agent