69 Davies Road, PADSTOW NSW 2211
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- Industrial / Warehouse, Retail
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- 5 Oct 2016
LIQUID GOLD INVESTMENT!
Join the Petrol Stations Owners Exclusive Club by acquiring this rare corner site prominently positioned on the corner of Davies Road and Bridge Street within metres from M5 and major main road networks. Currently occupied by Metro, one of the most dominant petrol industry players, on a long term lease (which expires in 2023 plus options), the current rental is $89,000.00 PA Net (tenant pays all outgoings) with annual rent increases. Securing this investment with its guaranteed solid returns and capital growth will catapult you to the next level of investing.
Improvements include petrol station, modern convenience store and auto-mechanical workshop. Other main features of the property are:
* Land area: 660m² approx (19m approx. frontage on Davies Road)
* Building area 215m² approx
* Two street access carparking area
Above and beyond everything else, in the current very tightly held investment property market this property represents one of the last opportunities to invest your hard earned money on quality real estate between now and the end of the year.
Inspection highly recommended.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
69 Davies Road PADSTOW