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379 Burley Griffin Way (Albury Street), Harden, NSW 2587

379 Burley Griffin Way (Albury Street), Harden, NSW 2587

Retail Showrooms/Bulky Goods Industrial/Warehouse

  • Sold Contact Agent
  • Thu 29-Apr-21

Newly Refurbished Service Station - New 15 Year Lease

  • 15 year lease to 2035 + options to 2050
  • Minimum 3% annual increases
  • Net Income $164,800 pa + GST

  • Land Area
  • 2023.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 13, 2021

Interested in this property? Contact an Agent today

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street

Sydney NSW 2000

Geoff Sinclair, Cushman & Wakefield - Sydney
Geoff Sinclair

Newly Refurbished Service Station - New 15 Year Lease

Cushman & Wakefield is pleased to present to the market 379 Burley Griffin Way (Albury Street), Harden for Sale via Auction.

The property has the following key characteristics:
- 15 year lease to 2035 + options to 2050
- Ultra Petroleum Group Pty Ltd - Premium, strong performing independent fuel & convenience retailer operating 9 locations across NSW including Randwick and Manly in Sydney
- Strategically located along Burley Griffin Way, Harden’s major thoroughfare
- Newly refurbished property with significant capex, offering tax depreciation benefits
- Harden – Strong agricultural economy positioned on main routes to Cootamundra, Young and Yass
- Significant 2,023 sqm land holding
- Attractive minimum 3% annual increases ensuring guaranteed income growth
- 3 Month Bank Guarantee & Directors Guarantee
- Desirable net lease - tenant pays 100% of outgoings including Land Tax
- Easily managed single tenant investment
- Net Income $164,800 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on

379 Burley Griffin Way (Albury Street), Harden, NSW 2587

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