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Sold on 2 Aug 2019

270 Gipps Road Keiraville NSW 2500

  • Other
  • 157 m²
  • Sold

Metro Branded Service Station & Convenience Store

Ray White Commercial NSW is pleased to offer for Auction, 270 Gipps Road, Keiraville NSW, under instructions from the mortgagee.

The property consists of a self- serve Metro Branded service station & convenience store, leased by a Dib Group who own and operate the Metro Petroleum brand^. Located near the city of Wollongong, Keiraville is an inner city suburb of Wollongong.

Key highlights include:
*Multinational tenant: Metro Petroleum
*Head lease to Dib Group who own and operate 'Metro Petroleum'
*10 Year lease until 2026 + 3 x 5 year options until 2041
*$109,836* net rent p.a + GST.
*Annual CPI increases as per lease.
*Tenant pays outgoings, excluding land tax as per lease (clause 4).
*The Tenant is responsible for maintenance as per the lease (clause 7).
*Site area 1047sqm*

The property will be offered for Auction on Friday 2 August 2019, at 10.30 am (AEST).

For more information, to obtain a copy of the Auction Contract to arrange an inspection, please contact the exclusive selling agent.



Auction date and time02/08/2019 10:30
Auction locationLevel 17, 135 King Street, Sydney

Property Highlights

Property ID2015409447
Date Sold2 Aug 2019
Floor Area157 m²
Land Area1,047 m²
ParkingAsk Agent
Last updated  5 Aug 2019
Map for 270 Gipps Road Keiraville NSW 2500
Ray White Commercial NSW - Metropolitan Sydney
Level 17/135 King St Sydney NSW 2000

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