Business Sold Narrandera, New South Wales 2700
Business Category Petrol Station
SOLD
Description
Brand New Build Petrol Station Property Investment
• 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 3002
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