Inspection By Appointment Only.
Enjoying wonderful frontage on the busy Highbury Road and offering buyers a dream opportunity to own a petrol station with car wash facilities and a convenience store, this fantastic commercial prospect doesnt come along very often.
2,245 sqm approx. of prime Mount Waverley land
Excellent exposure on the corner of Highbury Road and Andrew Street
Secure 10-year lease starting from February 2018 (ending 2028)
Rental return of $159,650 per annum plus GST with a fixed increase of 3% annually
The option of a further 10-year term
All building outgoings to be paid by the tenant
The property includes a convenience store with toilet facilities, 4 bay car wash including 3 manual bays and 1 automatic wash bay
This property is located close to Deakin University, Lundgren Reserve, Federal Reserve, Burwood East Shopping Centre, schools, and Andrew Street shopping strip with restaurants and IGA supermarket.