SOLD

1996 Frankston-Flinders Road, Hastings, VIC 3915

Major Service Station and Car Wash Investment

Brand new 15 year lease to 2031 plus options to 2051
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 attractive 3.5% increases annually
Modern improvements including central convenience store, dual canopy, 5 bay car and boat wash plus extensive on-site parking
Huge 6,210 sqm corner landholding with 138 metres of exposure and frontage opposite the long established Kings Creek Hotel – a multi functional dining & entertainment venue including Thirsty Camel bottle shop
Hastings: Part of the ever popular Mornington Peninsula and the busy
Western Port Marina – 62km south-east of Melbourne CBD
Rent: $225,000 pa

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne
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Property Info

Municipality
Hastings

AUCTION

Wednesday, 05 Apr 2017
11:00 am
  • 6,210 Sqm

Jamie Perlinger

03 961 ...

Burgess Rawson Melbourne Melbourne

Level 7, 140 Bourke Street

Melbourne, VIC 3000

Tel: 03 9613 0400

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