270 Gipps Road Keiraville NSW 2500
- 157 m²
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 time||02/08/2019 10:30|
|Auction location||Level 17, 135 King Street, Sydney|
|Date Sold||2 Aug 2019|
|Floor Area||157 m²|
|Land Area||1,047 m²|
|Last updated||5 Aug 2019|