Lease, 12+6+6 years commenced 9 November 2011.
Current Rent approx. $393,928.32 pa.
Annual 3% rent increases and market review at each Option.
Rent to increase to approx. $405,745.92 pa on 1/11/2016.
Tenant pays all outgoings, except Land Tax (approx. $3,055 on
single holding basis).
National BP Dealer Jasbe Petroleum with 40 plus sites.
Strategic site on major metropolitan arterial between the
Frankston and Peninsula Link Freeway interchanges.
3,214 sqm* corner site with a combined 133 metres* of frontage.
Includes a 240sqm convenience store building, a 4-island
canopy, fibreglass tanks, plus two car wash bays.
Generous depreciation benefits.
Terms: Deposit 10%. Balance 60/90 days.
For more details, please email agent