Metro Petrol. Over 50,000 Cars Passing Daily. One of the Best Sites in Sydney.
New 5 + 5 + 5 year lease from August 2016.
Recently refurbished site + new high speed bowsers.
Approx 30 years of petrol sales from this site.
Metro Petroleum, a strong 200+ network in NSW.
1,151 sqm highly exposed corner site.
Future redevelopment/rezoning potential (STCA).
Valuable redevelopment clause in owners favour.
Tenant pays all outgoings, including 100% land tax.
4 month bank deposit + guarantors.
Strong 4% annual increases (net income $336,919 in 2021).
Net Income: $288,000 pa + GST.