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PREMIUM SHELL SERVICE STATION INVESTMENT

511 High Street, EPPING VIC, 3076

Sold

Property Sold in 511 High Street, EPPING VIC, 3076

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

Listing ID:
11311221
Status:
Sold
Last Updated:
12/10/2018
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Property Type

Retail
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Land Area

N/A
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Floor Area

474 SQM
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Parking

N/A

PREMIUM SHELL SERVICE STATION INVESTMENT

Rare opportunity to purchase a freestanding investment leased to a top ASX 200 company.

The property is to be sold by public auction on Thursday 6th September at 12 noon on-site.

Key attributes of the site include:

* Lease term: 5 + 5 + 5 + 5 years from December 2018
* Rental: $255,000 p.a. net plus GST
* All outgoings paid by the Lessee plus land tax
* Land area: 2,393 sqm approx.
* Frontage to High Street of 53.91 metres approx.
* Ideal future land bank opportunity
* Terms of Sale: 10% deposit, balance 30/60 days

Adjoining McDonalds fast food restaurant and 500 metres from Epping Plaza Shopping Centre which features major retailers including Coles, Woolworths, Target, Big W and Aldi; and the soon to be completed Costco store.

For more details, please email agent

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

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