20 year lease to 2033 + options to 2063.
Leased to Westside Petroleum, major NSW operator.
Busy intersection in high population growth area.
Major upgrade just completed including large new convenience store.
Valuable depreciation allowances.
Tenant pays all outgoings, as per lease.
Annual 3% increases ($96,750 net income 2023, $130,000 net income 2033).
High quality, easily managed single tenant investment.
Net Income: $72,000 pa + GST.
Auction 2pm Tues 1 April, 50 Margaret St Sydney
Michael Gilbert 0430 024 790
mgilbert@burgessrawson.com.au