Ultra Rare Ground Lease to Convenience Retail Giant
Description
Burgess Rawson is pleased to present this rare ground lease convenience retail investment opportunity leased to EG Group to the market via Auction.
The property has the following features:
+ 10 year ground lease to 2030 plus options to 2050
+ EG Group: Multinational fuel and convenience retailer with $32.4B annual revenue & 6,000+ locations globally
+ Newly built in 2020 including landlord works, offering rare depreciation benefits
+ High profile 2,770sqm* Pacific Highway landholding
+ Landlord friendly lease – ownership of the tanks & remediation the responsibility of EG Group
+ Easily managed, zero landlord repair & maintenance obligations
+ Net Income $84,942 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
Do you own a similar property?
Enquire
Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188Darren Beehag Partner
0411 226 223Geoff Sinclair Director
0451 462 759Enquiry Form
Lisarow, NSW
884 Pacific Highway
- Sold Price: Contact Agent
This property was sold as part of Portfolio 153
Contact agents
-
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Darren Beehag Partner
0411 226 223 -
Geoff Sinclair Director
0451 462 759