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.
*Approx.
^Branded
