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New BP Service Station Between McDonald's, Bunnings & Lar...

687 Drome Street, ALBURY NSW, 2640

Sold

Property Sold in 687 Drome Street, ALBURY NSW, 2640

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11338138
Status:
Sold
Price:
Price on Request
Last Updated:
12/03/2020
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Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
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Land Area

1482 SQM
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Floor Area

126 SQM
Icon parking

Parking

N/A

New BP Service Station Between McDonald's, Bunnings & Large Format Retail Centre

Secure 15 year lease to 2032 plus options to 2042.
Lessee pays all usual outgoings including Land Tax.
Absolute prime position between McDonald’s & Bunnings.
As new, built 2017 providing substantial taxation saving depreciation.
Experienced operator now with 9 sites nationally and growing.
Minimum 3% increases assuring growth – 3 month security deposit.
1,482 sqm corner site with 71 metres retail frontage.
Strategic retail position adjoining new McDonald’s, opposite brand new $39M Bunnings Warehouse (opened Feb 2018), close to Albury Airport and metres to new large format retail precinct including Harvey Norman, BCF, Total Tools, Anaconda and Supercheap Auto.
Albury/Wodonga twin cities recognised together as one of Australia’s largest progressive centres servicing a population in excess of 170,000.
Rent: $302,357 p.a. (May 2019)

Private Sale

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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