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103-107 Archer Street
Shepparton VIC 3630
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Sold on 3 Aug 2023

103-107 Archer Street Shepparton VIC 3630

  • Shop & Retail
  • 1 m²
  • Sold

High 8% Yielding Retail & Convenience Investment Net Lease with 3% Increases

    Burgess Rawson is pleased to offer a recently upgraded Ampol branded retail and convenience investment located at 103-107 Archer St, Shepparton VIC for sale via Investment Portfolio Auction 162.

    The property has the following investment highlights:
    + Established & long trading service station and convenience store
    + 5 year lease to July 2027 plus options through to 2052
    + Strategic 2,308sqm site ideally positioned within tightly held industrial precinct
    + Site includes fuel infrastructure with fiberglass tanks
    + Shepparton: major regional city with a 100,000+ trade catchment
    + Attractive net lease with tenant responsible for outgoings
    + Fixed 3% annual rent increases

    + Net Income: $123,600 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEST Wednesday 2nd August 2023
    Crown Casino, Melbourne

    Please contact the exclusively appointed Burgess Rawson team for more information.
    *Approx

    AUCTION

    Auction date and time02/08/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area1 m²
    Land Area2,308 m²
    ParkingAsk Agent
    Property ID2018629959
    Category
    Last updated  4 Aug 2023
    Map for 103-107 Archer Street Shepparton VIC 3630

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area1 m²
    Land Area2,308 m²
    ParkingAsk Agent
    Property ID2018629959
    Category
    Last updated  4 Aug 2023
    Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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