SOLD
687 Drome Street, Albury, NSW 2640
New BP Service Station Between McDonald's, Bunnings & Large Format Retail Centre
Secure 15 year lease to 2032 plus options to 2042.
Lessee pays all usual outgoings including Land Tax.
Absolute prime position between McDonald’s & Bunnings.
As new, built 2017 providing substantial taxation saving depreciation.
Experienced operator now with 9 sites nationally and growing.
Minimum 3% increases assuring growth – 3 month security deposit.
1,482 sqm corner site with 71 metres retail frontage.
Strategic retail position adjoining new McDonald’s, opposite brand new $39M Bunnings Warehouse (opened Feb 2018), close to Albury Airport and metres to new large format retail precinct including Harvey Norman, BCF, Total Tools, Anaconda and Supercheap Auto.
Albury/Wodonga twin cities recognised together as one of Australia’s largest progressive centres servicing a population in excess of 170,000.
Rent: $302,357 p.a. (May 2019)
Private Sale
Lessee pays all usual outgoings including Land Tax.
Absolute prime position between McDonald’s & Bunnings.
As new, built 2017 providing substantial taxation saving depreciation.
Experienced operator now with 9 sites nationally and growing.
Minimum 3% increases assuring growth – 3 month security deposit.
1,482 sqm corner site with 71 metres retail frontage.
Strategic retail position adjoining new McDonald’s, opposite brand new $39M Bunnings Warehouse (opened Feb 2018), close to Albury Airport and metres to new large format retail precinct including Harvey Norman, BCF, Total Tools, Anaconda and Supercheap Auto.
Albury/Wodonga twin cities recognised together as one of Australia’s largest progressive centres servicing a population in excess of 170,000.
Rent: $302,357 p.a. (May 2019)
Private Sale
Property Info
Municipality
Albury
Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
Email Us
NEARBY PROPERTIES
Raoul Holderhead
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