SOLD

73 Meninya Street (Cobb Highway), Moama, NSW 2731


Secure Caltex Net Lease – Circa 8% Yield

+ 10 year lease to October 2024 plus options to 2034
+ Net lease structure with tenant paying usual outgoings including Land Tax
+ Caltex/Ampol Ltd. – Australia’s largest ASX-listed fuel retailer, market cap $6.31B
+ 2,008 sqm corner opposite Woolworths anchored Shopping Centre with 13,800 vehicles passing daily
+ Inc convenience store & car wash + Echuca/Moama: thriving Murray
+ River tourist mecca, trade catchment circa 50,000, plus year round holiday influx
+ Net Income: $157,500 pa (approx.)

For Sale by Auction
10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

Property Info

Municipality
Moama

AUCTION

Wednesday, 24 Jun 2020
10:30 am

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