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 418 007
Darren Beehag Partner
0411 226 223
Enquiry Form

Forresters Beach, NSW

2 Bellevue Road

For Sale

This property is part of Portfolio 162

For Sale via Contact Agent

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