Freehold service station investment oppertunity

Price: $1,100,000 Location: Murray Region, NSW Ref: 5208908
Agent:
Jp Sinh
Agent Phone:
Office Phone:
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Business Headline :
Freehold service station investment oppertunity
Price :
$1,100,000
Category :
Automotive, Service Station
Full Description :

ABBA Group represents this Affordable Freehold Service Station Investment

Current lease to 2023 option to 2028 (tenant has also requested further 15 years options be added to the lease)

Increases every August CPI or fixed 3% annual rental increases, assuring growth. Market review clause indicates rent can never been reduced. Tennant pays all outgoings. No land tax payable. No othe radditional charges.

Metro is one of Australias largest service station groups with a network of 200 service stations across NSW, Victoria and Queensland

Deniliquin is strategically located at the junction of two highways and is a popular inland transport route between NSW & Victoria

Massive 1,714 sqm site set across two titles, improved with a large canopy and a generously sized convenience store

Shop fully refurbished in 2012, generous depreciation benefits available

All bowsers, tanks, counters, shelves, point of sale computers, Air conditioners car hoists workshop equipment carwash equipment and all forecourt equipment and the complete internal fit-out are the landlord’s property and are included valued over $250K in the sale price

Easily managed single tenant investment near major banks, Coles & McDonalds

4 x current model pec bowsers and 1 high flow pec bowser all property owners

Large storage Underground Tanks included

– E10 17,500 litres

– Unleaded 45,000 litres

– 98 Octane 10,000 litres

– Premium Diesel 16,000 litres

 

Full Environmental report conducted underground soil is clean and suitable for continued use

12 months SIRA reports all passed and are available on request

 

Net Income $80,340 pa + GST . $6,695 + GST per month

Included in sale is all equipment valued over $250,000

Mechanical workshop and carwash all included

The property is on 2 titles and a large unused land area at the rear for future rental income

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5208908#enquire-now

 

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5208908#enquire-now

Annual Rent : Not Disclosed - Weekly Rent : Not Disclosed

Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $80,340 - Weekly Ebit : $1,545

Premise : Leased

Lease Commencement : Oct 2018

Lease End : Oct 2028

Lease Option: 5 years

Franchise : No

Reason for Sale : Further investment

Business Potential : Potential for another rental income

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