Entry Level 8% Yielding Investment

Description

Burgess Rawson is pleased to offer to the market 8 Lachlan Street, Condobolin NSW for sale via Private Treaty.

The property has the following key investment highlights:

+ Recent 10 year net lease to 2033 plus options until 2053

+ Large 1,450sqm upgraded site with service station, retail convenience store with hot food outlet & mechanical workshop

+ Recent upgrades include fuel infrastructure with state-of-the-art fibreglass tanks

+ Fuel Plus: multi-site fuel & retail convenience brand

+ Includes Country Fried Chicken, 200+ branded outlets across Australia & New Zealand

+ Condobolin is the largest centre in the heart of NSW

+ Attractive net lease with tenant responsible for all outgoings, as per lease + Easily managed single tenant investment

+ Net Income: $156,057 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx

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Contact agents
Rhys Parker Partner
0451 101 042
Kieran Bourke Partner
0417 418 007
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Condobolin, NSW

8 Lachlan Street

For Sale

This property is part of Portfolio 162

For Sale via Contact Agent

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