CBRE is pleased to offer to the market 26 Kelly Street, Scone NSW, strong trading convenience retail investment, for sale by Investment Portfolio Auction.

The property boasts the following key investment highlights:

+ Renewed 10 year lease to 2035, plus 10 year option to 2045
+ Jasbe Petroleum, established in 1988, one of Australia’s largest independent fuel and convenience retailers operating 60+ sites across Victoria and New South Wales with 600+ staff
+ BP: one of the world’s most recognised fuel and convenience brands, operating in more than 60 countries with an established network across Australia
+ Landlord favourable lease terms with tenant responsible for majority of outgoings, as per lease
+ Fixed 3% annual rent increases ensuring continued income growth
+ Large 4,223sqm* freehold with 63m* of prominent frontage
+ Ideal retail position adjoining McDonald’s and strategically positioned close to the New England Highway with 20,000+* vehicles passing daily
+ Scone: major commercial hub of the Upper Hunter, with a thriving equine industry and strong tourism economy
+ Set to benefit from the $24.7m Scone CBD revitalisation Project and $15.5m Regional Airport Upgrade underpinning long-term regional growth
+ Easily managed single tenant investment
+ Net Income: $327,540 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 15 September
Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approximate