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Sold on 12 Apr 2017

143 Queen Street Warragul VIC 3820

  • Retail
  • 176 m²
  • Sold

Premium Regional Fuel Investment

Brand new 20 year lease to 2036 plus options to 2056
United Petroleum: The largest independent fuel retailer in Australia
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with attractive 3.5% increases annually
Prominent 1,473 sqm corner site within Warragul’s busy retail hub neighbouring complementary auto retail tenants including Supercheap
Auto, Autobarn, Burson and Car Wash
Modern convenience store of 176 sqm and large canopy
State of the art fuel infrastructure including double skin fibreglass tanks
Warragul/Drouin: a satellite suburb only 33km from metro Melbourne, experiencing a major housing and population boom with forecast
growth to 43,000 by 2026. Source ABS
Rent: $340,000 pa

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

Property Highlights

Property ID2013440059
Date Sold12 Apr 2017
Floor Area176 m²
Land Area1,473 m²
ParkingAsk Agent
Category
Last updated  18 May 2017
Map for 143 Queen Street Warragul VIC 3820
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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