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Burgess Rawson - Sydney

Viva Energy, 98 Kurrajong Avenue Leeton, NSW 2705

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Viva Energy, 98 Kurrajong Avenue,
Leeton, NSW 2705

Shops & Retail • Development Sites & Land

Price information

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$221,622
Number of Tenants
1 Tenant
Tenants / Type
Viva Energy

Private inspections

to arrange a private inspection.
Burgess Rawson - Sydney
Yosh Mendis
Rhys Parker
Flynn McFall

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
Viva Energy, 98 Kurrajong Avenue
Leeton, NSW 2705

Map of Viva Energy, 98 Kurrajong Avenue

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  • Train stations within 5 km of Viva Energy, 98 Kurrajong Avenue, Leeton, NSW 2705Distance
    Leeton Station1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Viva Energy, 98 Kurrajong Avenue, Leeton, NSW 2705Distance
    Leeton Town Coach Stop, Gidgee St351 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Yielding Convenience Retail | ASX Listed Giant - VIVA Energy

  • 20 Year Lease to 2034 + Opts to 2064
  • ASX Listed Giant - VIVA Energy
  • Greater of 3.5% or CPI Rent Reviews
Burgess Rawson is pleased to offer to the market this high yielding Shell service station at 98 Kurrajong Avenue, Leeton (Riverina Region) NSW for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Longstanding 20-year lease to 2034 plus options through to 2064
+ Viva Energy (ASX: VEA): ASX listed company with over 1,300 sites and market cap of $4.41 billion**
+ Attractive annual rent reviews, greater of fixed 3.5% or CPI, providing strong long term rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax as per lease
+ Substantial 1,000 sqm* freehold site boasting dual street frontage to Coolibah Street & Kurrajong Avenue
+ Modern fibreglass infrastructure with tenant responsible for repairs and maintenance as per lease
+ Recent tenant investment with installation of brand-new ducted air conditioning
+ Strategic location between Wagga and Griffith
+ Riverina Region: home to the New South Wales largest inland city and supporting a population over 170,000^
+ Leeton Shire has a thriving economy and is one of the most productive farming regions in NSW
+ Net Income: $221,622 pa* + GST

To be sold via Private Treaty.

*Approx.
**ASX: As of 01/10/2024
^rdariverina.org.au

Property ID: 504702208Last Updated: 21 Nov 2024

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