Brand New Convenience Retail Investment - 8,327sqm Landholding

Description

+ Brand New 15 year lease to 2037 + options to 2052
+ Significant 8,327sqm* site with further development and value-add potential
+ Mobil (Pearl Energy) – Market leading fuel and convenience retail operator with over 67 sites nationally and growing
+ Bob’s Birdz-N-Pets: locally owned and operated for over 30 years
+ Purpose built premium facility with dual canopy design
+ Newly completed in 2022 – Significant tax depreciation benefits
+ Strategic position opposite Bunnings Warehouse, Reece, Coates Hire and Battery World
+ Wagga Wagga – Largest inland city and strongest regional economy in NSW. Situated within the Riverina region servicing a vast population of 255,000 people
+ Tenant responsible for maintenance of fuel tanks/ equipment plus site remediation
+ Fixed 3% and CPI annual increases
+ Net Income: $426,619 pa* + GST

For Sale by Auction
Tuesday 10 May 10.30am (AEST)
Yallamundi Rooms, Sydney Opera House

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Geoff Sinclair Director
0451 462 759
Enquiry Form

Wagga Wagga, NSW

34 Dobney Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 152

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