***** UNDER ASSESSMENT *****
A modern Fuel & Convenience outlet with adjacent service yard, new forecourt and canopy
• Land area: 1,384 sqm*
• Building area: 328sqm* (inc. Service Yard and Canopy)
• Tenant: Metro Petroleum
• Rental: $146,500* p.a. (plus any GST)
• Lease term: 15 + 5 + 5 + 5 Years (comm. 23 December 2020)
• Fixed annual increases of 3.3% and 5% (upon exercise of options)
• Situated within "high demand" regional town with medium house price of $865,000 which is 54% above Regional Victoria's medium house price (Source: REIV)
• Located approximately 1.2km from town centre
• 50% duty consession may apply - see https://www.sro.vic.gov.au/regional-commercial-industrial-and-extractive-industries-property-concession
• Significant depreciation benefits available (subject to depreciation schedule)
Expressions of Interest closing Thursday 2nd September 2021 at 4pm.
Transaction Manager - Appel Property.