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955 Pacific Highway
Berowra NSW 2081
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Sold on 1 Oct 2021

955 Pacific Highway Berowra NSW 2081

  • Shop & Retail
  • 135 m²
  • Sold, $5,000,000

Strong Performing Service Station On Highway Location. - SOLD

  • Rare Triple Net Lease to Viva Energy
  • Net Income $312,965.50 pa + GST
  • ASX Listed company

Strong performing Viva Energy Service Station Investment

• Rare Triple Net Lease to Viva Energy
• ASX Listed company
• Net Income $312,965.50 pa + GST

Raine and Horne Commercial are pleased to be offering for sale by Public Auction this long established Sydney metro service station located at 955 Pacific Highway, Berowra.

Situated in an excellent location with arterial road north to M1 and Central Coast, Hornsby Shire which is home to a strong and growing residential population of 152,419 moments from Berowra Village shopping centre, recreational facilities, and schools.

The property has the following key characteristics:

• Lessee: Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell's Australian licensee with 1,292 retail fuel sites across Australia**.

• Global giant in 70 countries

• Ten (10) year lease to 2024 + options to 2029.

• Net income: $312,965.50 + GST (paid annually in advance).

• Large 1,505 sqm (approx.) corner site with strong visibility

• Property features large canopy of 381 sqm (approx.) with 4 bowsers and a convenience store

• Rare, landlord-favorable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.

• Strong trader in this highway location

The property is for sale by way of Expression of Interest Closing Tuesday 15th June @ 3 p.m.

Laing+Simmons Commercial South East
Laing+Simmons Commercial South East
Suite 10, 2 Locomotive Street
Eveleigh, NSW 2015

Property Highlights

Date Sold1 Oct 2021
Sold Price$5,000,000
Floor Area135 m²
Land Area1,505 m²
Parking6 x Onsite parkings
Property ID2016956239
Category
Last updated  11 Jan 2022
Map for 955 Pacific Highway Berowra NSW 2081

Nearest transport* to 955 Pacific Highway Berowra NSW 2081

Bus
Train
Yallambee Rd At Pacific Hwy30 m
Pacific Hwy At Waratah Rd167 m
Pacific Hwy Before Yallambee Rd189 m
Pacific Hwy Opp 935191 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Laing+Simmons Commercial South East
Laing+Simmons Commercial South East
Suite 10, 2 Locomotive Street
Eveleigh, NSW 2015

Property Highlights

Date Sold1 Oct 2021
Sold Price$5,000,000
Floor Area135 m²
Land Area1,505 m²
Parking6 x Onsite parkings
Property ID2016956239
Category
Last updated  11 Jan 2022

Listed by

Laing+Simmons Commercial South East
Call
0406385385

More about 955 Pacific Highway Berowra NSW 2081

955 Pacific Highway Berowra NSW 2081 is categorized as Shop & Retail Property. It has a floor area of 135 m² and a land area of 1,505 m². There are 6 x onsite parkings.The listing ID for this property is 2016956239.