Skip to Main Content

4623 Olympic Highway, Young, NSW 2594

4623 Olympic Highway, Young, NSW 2594

Retail

  • Sold $1,200,000
  • Thu 15-Dec-16

  • Land Area
  • 0.42ha (1.03 acres) (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Feb 07, 2017

Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Simon Staddon

Affordable Highway Service Station Investment. Circa 8.5% Yield Anticipated.

Recent 10 year lease to 2025 + option to 2030.
Established Metro Petroleum branded service station plus convenience store.
Metro Petroleum: approx 200 locations.
Young: the largest town in the Hilltops Council region with a population of circa 18,919 residents.
Strategically located on the Olympic Highway.
Generous 4,156 sqm site with significant improvements incl. basic dwelling, canopy and convenience store.
Guaranteed rental growth, fixed 3% annual rental increases.
Tenant pays usual outgoings incl. management fees, as per the lease.
Easily managed, single tenant investment.
Net Income: $102,884 pa + GST.

4623 Olympic Highway, Young, NSW 2594

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts