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Quinn Property Co.

609 Henty Highway Portland, VIC 3305

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609 Henty Highway,
Portland, VIC 3305

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Price information

Sale

8.5% YIELD ANTICIPATED

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Map of 609 Henty Highway

Directions
  • Bus stops within 5 km of 609 Henty Highway, Portland, VIC 3305Distance
    New St/Learmonth St (Portland)660 m
    Moodie St/Richardson St (Portland)713 m
    Learmonth St/Hurd St (Portland)747 m
    Athalie St/Richardson St (Portland)908 m
    Whalers Rest Motel/Henty Hwy (Portland North)1.1 km
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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

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Property ID: 504684760Last Updated: 31 Oct 2024

Quinn Property Co.

150 Union Street
WINDSOR, VIC 3181
Quinn Property Co.
609 Henty Highway
Portland, VIC 3305

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