4371-4375 Midland Highway , Daylesford

328.00m2
Retail
Contact Agent

Daylesford investment - 15 year lease

***** 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.

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