SOLD

81-87 Bells Line Of Road, North Richmond, NSW 2754


Substantial Service Station Investment

Brand new 20 year lease to 2036 plus options to 2056.
United Petroleum: The largest independent fuel retailer in Australia.
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation.
Guaranteed rental growth with 3.5% increases annually.
Strategic location on main arterial at the gateway of North Richmond's commercial centre.
Significant landholding of 4,000 sqm with 68m frontage.
Medium Density Residential Zoning.
Modern improvements comprising 178 sqm convenience store, large attached canopy and four bay DIY car wash.
Hawkesbury City Council: largest local government area in Metro Sydney well positioned for economic growth due to rapidly increasing population.
Rent: $300,000 pa.

Auction 11am AEDT Tuesday 25 October 2016
Doltone House Hyde Park, 181 Elizabeth St, Sydney

This property is offered as part of a Portfolio of 7 United Petrol Investments with the additional 6 in the following locations;
To Be Sold Separately.

Rydalmere (Sydney) NSW
Maitland (Newcastle) NSW
Narre Warren (Melbourne) VIC
Cranbourne (Melbourne) VIC
Newnham (Launceston) TAS
Hobart North TAS

Property Info

Municipality
North Richmond

AUCTION

Tuesday, 25 Oct 2016
11:00 am

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