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481 Urana Road, LAVINGTON, NSW, 2641

+4 Photos

+6 Photos

SOLD

481 Urana Road, LAVINGTON, NSW, 2641

Properties / Sold / New South Wales / Lavington

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

1,360 m² (*approx)

Floor Area

290 m² (*approx)

Property Type

Retail, Land, Child/Healthcare

Sub-type

Service Station

Terms

10 year net lease plus options to 2051

Est. Income

$166,037 p/a

Fully Leased

Show All

2. Property Highlights

High 8%+ Yielding Freehold Investment

Established BP Service Station + Retail
10 Year Lease to 2031 + Options
Tenants Responsible for Outgoings

Burgess Rawson is pleased to offer to market the BP Service Station located at 481 Urana Road, Lavington NSW for sale via our Investment Portfolio Auction 160.

The investment has the following key investment highlights:

+ Freehold investment comprising service station with convenience store and retail tenant

+ Service Station: 10 year net lease plus options to 2051

+ Landlord-favourable, net lease terms with tenants responsible for all usual outgoings including land tax (single holding basis) & property management as per leases

+ Attractive annual rent increases, ensuring income growth

+ Strategic and highly exposed 1,360sqm* site

+ Recent Upgrades include shop fit-out, fuel pumps/lines & fibreglass premium unleaded 95 tank

+ Albury Wodonga: fast growing population forecast to soar by 24% to more than 120,000 by 2036^

+ Total Net Income: $166,779 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 9 May 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx

^alburywodonga.gov.au

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