Established Shell Branded Service Station. New 15 Year Lease. 8% Yield Expected.
Description
New 15 year lease in established location.
5 year option to 2035.
Nationally famous town; home of Batlow apples.
Newly refurbished, busy convenience store.
Near captive market, the only dedicated service station in town.
Drive around truck access.
Annual 3% rent increases ($143,696 pa in 2030).
Tenant pays all outgoings, as per lease.
Easily managed single tenant investment.
Ideal starter investment.
Net Income: $95,000 pa + GST.
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Batlow, NSW
10 Reedy Street
- Sold Price: Contact Agent