Ray White Commercial NSW is pleased to present 116-118 Railside Avenue Bargo for sale via Private Treaty.
Popular refueling point and first service station off Hume Motorway with high thoroughfare. Conveniently located only 250* metres to Bargo railway station and town centre.
Leased to BP service station on a new ten (10) years lease with two further 10 years option terms. Additional retail area leased to a Pizza shop on new five (5) years lease term with three (3) additional five years option terms.
Additional highlights of the property are outlined below:
• Site area 2,048m2*
• Upgrade works recently completed
• Circa 7% yield
• Combined income of $345,000 p.a Gross + GST
• Attractive 3% annual increases
• On-site car parking
• Existing service station site for 30* years
• Anchor tenant entity operating multiple service station sites
• Great access to major arterial roads
For more information, please contact the below exclusive selling agents.
*Approx.