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Renewed Shell/Viva Energy Lease To 2024 - No Options

23 & 25-27 Dean Street (Newell Highway), TOCUMWAL NSW, 2714

Sold

Property Sold in 23 & 25-27 Dean Street (Newell Highway), TOCUMWAL NSW, 2714

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11358387
Status:
Sold
Price:
Price on Request
Last Updated:
16/04/2020
Icon building

Property Type

Retail/Land/Development/Other
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Land Area

2757 SQM
Icon size

Floor Area

100 SQM
Icon parking

Parking

N/A

Renewed Shell/Viva Energy Lease To 2024 - No Options

+ Leased to Viva Energy to February 2024
+ Annual rent reviews
+ Tenant pays all usual outgoings including land tax plus remediation responsibility
+ Single tenant, minimum management investment
+ Corner highway landholding of 1,922 sqm with total frontage of 88m plus adjoining corner site for overflow parking - 835 sqm
+ Viva Energy Australia: Single largest fuel retailer in the country with 1,250 service stations. Market Cap $4.48B (Aug 2019)
+ Tocumwal: thriving Murray River town, significant holiday population and tourist visits
+ Net Income: $114,842 pa + GST

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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