Lessee: Shell Australia (Viva Petroleum).
Strong trader in this highway location.
5 year lease from 2014 + options to 2029.
Global giant in 70 countries with 94,000 staff.
Arterial road north to M1 and Central Coast.
Hornsby Shire which is home to a strong resident population of 170,563 boasting a Gross Regional Product of $6.85 billion.
Large 1,505 sqm corner site with strong visual identity.
Property features large canopy and convenience store + easy access.
Attractive rental increases being the greater of CPI or fixed 3% ($365,790 in 2018).
Net lease with tenant paying outgoings as per lease.
Easily managed single tenant investment.
Net income: $344,793 pa + GST (paid annually in advance).