Freehold Investment.

Tongala, Victoria 3621

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Freehold investment opportunity
  • Service station and road house
  • 4 bedroom residence included
  • 25 year lease to experienced tenant
  • Rental income of $116,000 per annum
  • 3% annual increase for first 10 years
  • Turnover: $116,000
  • Net Profit: Not disclosed
  • Rent/Lease: Lease in place
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Property Real Estate Transport

Investor opportunity for sale. Passive income.
Service station and road house, with a 4 bedroom residence situated in Tongala Victoria 3621 in the heart of the Goulburn Valley.
Top investment not much better on the market today.
Price: $1,350,000
Lease term is 25 years to the tenant, who is very experienced
Rental; $116,000 per annum, with a 3% increase P/A for the 10 years of the lease.
Rent review after the end of the first 10 year term of lease.
All outgoings are paid by the lessee.
All financials available to interested parties for due diligence.
Finance available to approved purchasers.
We have an Exclusive authority and Inspections are by appointment only.
Genuine enquiries only please.
Photos for display purposes only and are not of the site.
For further details Quote MSA 5049; and contact Michael on, XXXXXXXXXX NOW!!!
Or submit an enquiry.

What's Nearby

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

Contact Seller
Business Brokers Network Australia Business Brokers Network Australia
Michael Keltie

Bsale ID: 539473