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940 Bridge Inn Road Doreen, VIC 3754

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940 Bridge Inn Road,
Doreen, VIC 3754

Shops & Retail

Price information

Sold

$5,100,000

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Floor area

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Map of 940 Bridge Inn Road

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Service Station Investment Set on High Exposure Corner

CBRE is delighted to present to the market for sale a premium freehold investment in Melbourne's outer north. The property is better known as 940 Bridge Inn Road and located at the junction of Bridge Inn Road and Yan Yean Road. This opportunity will entice the interest of astute investors looking for a passive investment. Key features include:

- Multi-tenanted investment underpinned by secure covenant to United Petroleum until 2022
- Boasts a significant collective net income of $363,853 (approx) with 3-3.5% increases per annum
- High exposure corner site with a combined 117* metre frontage and dual access points
- Major depreciation tax benefits
- Set in a growing suburban retail precinct that includes Repco, McDonald's, Bridgestone and upcoming KFC

The property is being offered for sale exclusively through CBRE via Public Expressions of Interest, closing Wednesday 30th July 2014 at 2:00pm.

Property ID: 501198739Last Updated: 19 Apr 2021

03 8621 33...
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940 Bridge Inn Road
Doreen, VIC 3754
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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