United - 1 Thompsons Road, PATTERSON LAKES VIC 3197
AUCTION Friday 9 December at 2PM
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- 9 Nov 2016
Refuel Your Portfolio - Brand New 20 Year Net Lease
JLL is pleased to offer exclusively for sale one of Bayside Melbourne most exceptionally positioned United Petroleum service station investment properties within Patterson Lakes.
The property boasts a ‘brand new’ 20 year lease with fixed annual growth and multiple options providing an investor with a worry free long term investment.
The service station is also complimented by a 6 bay car and boat wash which is frequented by many patrons due to the aquatic lifestyle that this area offers. The property benefits from a high profile corner position to a major roadway, within highly sought area that is experiencing strong capital growth.
• Major national retail service station covenant
• United Petroleum provides ‘Brand new’ 20 year leases plus options till 2056
• Current rent : $400,000 p.a + GST
• Strong annual rental growth of 3.5%
• Land Area : 4504 sq mts Zoned : Comprehensive Development 1
• 6 bay ‘U Wash’ car and boat wash
• United is responsible for all their outgoings providing a rare ‘triple net’ lease
• United is responsible for site remediation
• Extensive frontages and corner location
• Exceptionally positioned and zoning offering long term redevelopment upside within highly sought areas
AUCTION: December 9th at 2:00pm on site
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
United - 1 Thompsons Road...