Added 1 day ago
98 Kurrajong Avenue,
Leeton, NSW 2705
Shops & Retail • Development Sites & Land
Added 1 day ago
Price information
Sale - Auction Mon 28 Oct
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
98 Kurrajong Avenue
Leeton, NSW 2705
Map of 98 Kurrajong Avenue
Train stations within 5 km of 98 Kurrajong Avenue, Leeton, NSW 2705 Distance Leeton Station 1 km POWERED BY HERE ©Bus stops within 5 km of 98 Kurrajong Avenue, Leeton, NSW 2705 Distance Leeton Town Coach Stop, Gidgee St 351 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 our Investment Auction Portfolio 172.
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 by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
*Approx.
**ASX: As of 01/10/2024
^rdariverina.org.au
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 by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
*Approx.
**ASX: As of 01/10/2024
^rdariverina.org.au
Property ID: 504702208Last Updated: 1 Oct 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
More properties from Burgess Rawson - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
17 Forsyth Street,Wagga Wagga, NSW 2650 1 m²Shops & Retail • Showrooms & Large Format Retail • Other
Contact Agent
Hungry Jack’s, 375 Wagga Road,Lavington, NSW 2641 435 m²Shops & Retail • Showrooms & Large Format Retail • Other