Burgess Rawson is pleased to present this rare ground lease convenience retail investment opportunity leased to EG Group to the market via Auction.
The property has the following features:
+ 10 year ground lease to 2030 plus options to 2050
+ EG Group: Multinational fuel and convenience retailer with $32.4B annual revenue & 6,000+ locations globally
+ Newly built in 2020 including landlord works, offering rare depreciation benefits
+ High profile 2,770sqm* Pacific Highway landholding
+ Landlord friendly lease - ownership of the tanks & remediation the responsibility of EG Group
+ Easily managed, zero landlord repair & maintenance obligations
+ Net Income $84,942 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House