Brand New Build Petrol Station Property Investment

Narrandera, New South Wales 2700

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 5.8% yield on investment
  • ASX Listed VIVA Energy as tenant
  • Newly built site with modern installations
  • Substantial 2045 SQM landholding
  • Fixed rental increase of 3% annually
  • Options to renew lease for 35 years
  • Turnover: $267,800 PA + GST + Outgoings
  • Net Profit: Not disclosed
  • Rent/Lease: Lease in place, initial term of 15 years
  • Stock Value: Included
  • Established: Established December 2020

Business Details

Business Category Petrol Station

• 5.8% yield on investment
• ASX Listed VIVA Energy as tenant
• Rental return $267,800 + GST + Outgoings

Link NSW is pleased to present to the market Liberty Narrandera, Freehold Property Investment for sale via private treaty.

Boasting a prime location in a thriving regional centre, this high quality built premises is an excellent opportunity for an astute investor to acquire a property with long lease & good returns.

Key characteristics of this property:
• Newly built site in December 2020 with new underground tanks, new canopy, new shop, new fit-out, new equipment, everything is new on site. Modern electrical installations, fit-out & equipment, commercial kitchen and more.
• Substantial main road 2045 SQMlandholding on a corner block with access from both streets.
• Tenant operating a successful business as a petrol Station, convenience store & hot food with commercial kitchen. Restaurant style seating in the shop with all amenities.
• Tenant - VIVA Energy is a ASX Listed Company with a network of 1300 Shell & Liberty branded service stations sites across Australia.
• Landlord friendly lease with starting rent of $260,000 PA + GST + Outgoings. Fixed rental increase of 3% annually and rent review at the start of each term.
• Initial Lease term of 15 years commencing December 2020 till December 2035 with options to renew for another 35 years till 2070 for a total of 35 years (5+10+10+10).

Do not miss this opportunity to buy an investment property with excellent returns, long lease & one of the leading energy & fuel company as a tenant.

For more information, please contact Amit Gupta for a detailed Information Memorandum.

Listing ID: NSW10218
Broker: Amit Gupta
Phone: XXXXXXXXXX
Email: XXXXXXXXXX

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Service station property for sale, regional service station freehold investment, petrol station property for sale NSW, service station property for sale in Australia
Ref: NSW10218
Timestamp: XXXXXXXXXX 0003

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
LINK New South Wales LINK New South Wales

Bsale ID: 570400