High 8% Yielding Retail & Convenience Investment – Net Lease with 3% Increases

Description

Burgess Rawson is pleased to offer a recently upgraded Ampol branded retail and convenience investment located at 103-107 Archer St, Shepparton VIC for sale via Investment Portfolio Auction 162.
The property has the following investment highlights:
+ Established & long trading service station and convenience store
+ 5 year lease to July 2027 plus options through to 2052
+ Strategic 2,308sqm site ideally positioned within tightly held industrial precinct
+ Site includes fuel infrastructure with fiberglass tanks
+ Shepparton: major regional city with a 100,000+ trade catchment
+ Attractive net lease with tenant responsible for outgoings
+ Fixed 3% annual rent increases
+ Net Income: $123,600 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx

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Contact agents
Kieran Bourke Partner
0417 418 007
Beau Coulter Partner
0413 839 898
Rick Jacobson
0413 830 083
Drew Mitchell
0498 018 606
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Shepparton, VIC

103-107 Archer Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 162

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