Investment Opportunity With Over 8% Return on Investment.
Petrol Station and Convenience Store with long tenure to Metro Fuel – New Underground
Freehold and Property Only For Sale
Metro Fuel Dimboola Victoria
Land Size: 1812 Square Metres
Asking Price: $1,200,000.00 – $1,250,000.00
Secure long term lease to Metro Fuel Group.
Metro Fuel Group Head office based in Sydney and own over 500 Petrol Sites Nationally.
Very Secure – Triple A credit Tenant.
Be the Landlord for this great modern site.
Great Return of over 8% on Investment.
Ticks all the boxes.
– Upgraded and Modern Site – ALL NEW Fibreglass Tank, Pumps/Bowsers, Lines, Pipes, Shop Floor, Walls, Shelving, Cabinetry, Doors and More – Installed in 2019
– Major Fuel Player has Head Lease with Long Lease Term
– Great Return on Investment.
Annual Rental Return of $95,600.00 Plus GST and Outgoings paid by the tenant.
Annual Increases of 3.3% Plus GST – (Rental will go up to $98,755.00 after Annual Increase on December 2024)
Long Lease of 15 Years – Commenced 23rd December 2019 – 23rd December 2034
With Further Options 5 x 5 x 5 x 5 Years
Site was Fully Refurbished -installation New Fibreglass Tanks.
ALL New Floors, Walls, Electricals, Fit Out and Pumps installed 2019.
ALL Equipment Fully Owned by the Landlord and Maintained By The Tenant as per the lease terms.
Very secure and worthwhile investment.
Happy to discuss any offers.