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Service Station business for sale in Hunter Valley - Lower NSW

  • Service Station
  • Hunter Valley - Lower NSW
  • $6,450,000 (GST na)

Service Station Investment Hunter Valley NSW 2.5ha

A rare opportunity to buy a freehold service station property investment in tightly held Hunter Valley NSW area.

 This property includes a service station, convenience store, Food court on a massive parcel of land about 25,000SQM in highly sought after suburb of Hunter Valley area in Cessnock NSW.
Asking price $6,450,000
Address: 36 wine Country drive, Cessnock, NSW.
Rent: $420,000/year + GST + Outgoings and outgoings.
ROI: 6.51% Yield
Annual rental Increment: Fixed 3% PA
Lease Term: Lease Term 10 years till 2032 + 15 years Options (5 + 5 + 5)
Land size: 25,300 SQM approximately.
Built up area over 500sq meters.
Activity: Service station and food court.
Attraction: Main Road to Hunter Valley NSW

Tier 1 Tenant:
Metro service station & Subway rented at $420,000 + GST + Outgoings
New tier 1 tenant is upgrading the entire service station and food court spending over $500,000 (renovation is underway).
Fibreglass underground tanks and updated UPSS, with baseline underground maintenance done by tenant
Landlord friendly lease as 100% Outgoings paid by tenant
Metro Petroleum has one of the largest independent service station networks in Australia, with over 200 service station outlets across NSW, Victoria, and Queensland. Proudly and fully Australian owned; Metro Petroleum has been operating service stations retails for the past 40 years.

Vacant area of approximately over 20,000 square meter rear land can build shopping centre or factory or warehouses/storage (no warehouses in Cessnock) subject to STCA.

All the tanks are FIBRE GLASS. (Peace of mind).

Located on a main road of Cessnock.

This is great opportunity for an astute investor to acquire a property with good yield, reliable rental income & Tier 1 tenant.

Note: Only property for sale, not the business.

Potential:
Below potential STCA.
Shopping centre,
Factory
Storage facility/warehouses.
Small scale industrial shed etc,

Listing Number: NSW10508

Please Contact:

Broker: Gilraj Venkatappa
Phone: 0401744199
Email: gilraj.venkatappa@linkbusiness.com.au

Broker: Amit Gupta
Phone: 0491616144
Email: amit.gupta@linkbusiness.com.au

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.

Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW10508
Timestamp: 20220812030027

Business Highlights

Business ID2017985459
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Category
Last updated  6 Aug 2022
Map for Hunter Valley - Lower NSW
Map for Hunter Valley - Lower NSWHunter Valley - Lower NSW

Business Highlights

Business ID2017985459
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  6 Aug 2022
Link NSW
201/28 Chandos Street St Leonards NSW 2065
Amit Gupta
Link NSW
Amit Gupta
Link NSW
Gilraj Venkatappa
Link NSW
Gilraj Venkatappa
Link NSW
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