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387 New England Highway
Rutherford NSW 2320
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Sold on 18 Jul 2016

387 New England Highway Rutherford NSW 2320

  • Shop & Retail
  • 3,123 m²
  • Sold

High Turnover Service Station Investment. Leased until 2025 plus 5 + 5 + 5.

As new service station investment.
Leased to Caltex Australia on 12 year lease expiring November 2025 plus options to 2040.
High profile location on busy new England Highway.
Major commercial, retail and trade location containing Harvey Norman, Domayne, Spotlight, Fantastic Furniture, McDonald's, Oporto, Nick Scali, BWS, Supercheap Auto.
Large 3,123 sqm site with corner exposure.
Tenant pays all outgoings including land tax and insurance.
Annual rent increases of between 2% and 4%.
Substantial tax saving depreciation benefits.
Net Income: $303,052 pa (as at 18/11/16).

AUCTION

Auction date and time02/08/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold18 Jul 2016
Floor AreaAsk Agent
Land Area3,123 m²
ParkingAsk Agent
Property ID2012908333
Category
Last updated  18 Jul 2016
Map for 387 New England Highway Rutherford NSW 2320

Nearest transport* to 387 New England Highway Rutherford NSW 2320

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Property Highlights

Date Sold18 Jul 2016
Floor AreaAsk Agent
Land Area3,123 m²
ParkingAsk Agent
Property ID2012908333
Category
Last updated  18 Jul 2016

Listed by

Dean Venturato
Dean Venturato
Burgess Rawson Sydney
Call
0412 840 222

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