609 Henty Highway, Portland

Retail - shop - Property ID: 1334375

Land Size: 2588 m2
Building Size: 1 m2

8.5% YIELD ANTICIPATED

IMMEDIATE SALE LIKELY WITH MASSIVE YIELD, FIXED RENTAL GROWTH & NEAR NEW 2019 IMPROVEMENTS

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THE BEST VALUE FUEL & CONVENIENCE INVESTMENT IN TODAY'S MARKET

Quinn Property Co. is delighted to present the "Metro Portland Fuel & Convenience" Investment to the market for Private Sale.

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.

PRIVATE SALE

#rental as at 22 Nov 2024

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers

Agent Information
Marcus Quinn
Owner/Managing Director - Licensed Estate Agent
Stephen Imrie
Director - Sales, Leasing & Advisory, MRICS
Agency Information

Quinn Property Co.

A: 150 Union Street, Windsor 3181 VIC

P: 0439 328 080

E: marcus@quinnpc.com.au

W: www.quinnpc.com.au

List on iProperty.com.au

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