RUTHERFORD NSW_Caltex

Description

New 12 year lease from November 2013 to ASX listed company Caltex Petroleum Pty Ltd.
Brand new service station investment opened late 2013.
Main road frontage with excellent exposure to busy highway (circa 30,000 passing vehilces daily).
Large 3,123sqm site, approx.
Tightly held Rutherford business and retail precinct, home to many national/international tenants including Masters Hardware, Harvey Norman, Officeworks, McDonalds, BCF, Snooze, Spotlight, BWS and countless others.
Excellent depreciation benefits.
Easily managed single tenanted investment.
Tenant pays 100% of outgoings, as per lease.
Annual rent increases between 2% and 4%.
Net Income – $293,265 pa* (November 2014).

Auction 2pm Tues 16 Sept, 50 Margaret St Sydney

Dean Venturato 0412 840 222
Kieran Bourke 0417 418 007

Do you own a similar property?

Enquire

Contact agents
Stephen Lovison
Enquiry Form

RUTHERFORD, NSW

387 387 New England Highway

  • Sold Price: Contact Agent
Contact agents
  • Stephen Lovison
Enquire