609 Henty Highway, Portland

Retail - Shop

Land Size: 2588 m2
Building Size: 1 m2

8.5-9.0% YIELD RANGE ANTICIPATED

FUEL & CONVENIENCE INVESTMENT ~ ANTICIPATED 8.5 to 9.0% YIELD RANGE ~ 10+5+5+5 YEAR LEASE

THE BEST VALUE LONG-LEASE FUEL & CONVENIENCE INVESTMENT IN VICTORIA!

Quinn Property Co. is delighted to present the "Metro Portland Fuel & Convenience" Investment to the market for DEADLINE PRIVATE SALE closing on Wednesday 9 October (IF NOT SOLD PRIOR)

Highlights of this investment opportunity include:

~ 15 Year (10 years remaining)+5+5+5 Year Lease to Metro Petroleum - one of Australia's biggest fuel operators (lease commenced in 2019)

~ 2019-Built facility with modern "as new" improvements including double fibreglass fuel tanks

~ A significant land-holding of 2,588 sqm* with a huge highway frontage - potential to build a drive-thru to rear of site

~ Net Rental (Est.): $376,098pa (+GST)#

~ Guaranteed annual rental growth: 3.3% increases per annum (5.0% at any option period)

~ Solid tax depreciation benefits

~ 50% Stamp Duty Benefits Apply to this purchase - Regional Victoria Concessions scheme (check SRO to confirm eligibility)

Call Marcus or Steve at Quinn Property Co. for further information today.

FOR DEADLINE PRIVATE SALE CLOSING WEDNESDAY 9 OCTOBER (if not sold prior)

#rental as at 22 Nov 2024