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Burgess Rawson - Sydney

BP, 464-468 Armidale Road Nemingha, NSW 2340

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BP, 464-468 Armidale Road,
Nemingha, NSW 2340

Shops & Retail • Other • Development Sites & Land

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Burgess Rawson - Sydney
Kieran Bourke

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
BP, 464-468 Armidale Road
Nemingha, NSW 2340

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High Profile Highway Service Station Investment

  • Long 10 Year Lease plus Options to 2047
  • Major Refurbishment & Upgraded in 2021
  • Tenant pays 100% Outgoings
Burgess Rawson is delighted to introduce this extraordinary investment opportunity, available exclusively in the market. The property comes with a secure and lucrative lease agreement, operating as a BP. This outstanding opportunity promises substantial returns and long-term stability for discerning investors.

The Service Centre has undergone a major refurbishment in 2020 including new tanks, fitout and livery, turning it into a modern and attractive service centre. The tenancy also includes a quality and high turnover mechanics workshop further adding to the performance of the location.

BP Brand is a pioneering industry leader, has made significant strides in revolutionizing various initiatives. With over 300 service stations and a workforce comprising approximately of 5,200 employees and long-term contractors spread across every state and territory in the country, BP’s presence in Australia is well-established. With a steadfast focus on sustainable energy solutions and environmental responsibility, BP continues to pave the way for a greener and more prosperous future in Australia and beyond.

Highlights:
– Land Size: 2930 sqm
– R1 – General Residential Zoning
– Net Rent $228,960 pa* + GST (as of Dec 23)
– 3% or CPI whichever is the higher Annual Increases
– 10 year lease with further options
– 100% outgoings paid by Lessee

Nemingha is a charming and picturesque suburb located in the beautiful New South Wales (NSW) close to the bustling town of Tamworth. Nestled amidst the rolling hills and lush landscapes, this serene little town offers a perfect blend of rural tranquility and modern conveniences.

Lessee: KSPATEL Licenced to BP
Lease Term: 10 years
Lease Commencement: 19 December 2022
Lease Expiry: 18 December 2032
Further Options: 5 years plus 2 x 5 years
Increases: 3% or CPI whichever is the higher per annum

Net Income: $228,960 pa + GST (as of Dec 23)

For Sale by Expressions of Interest
Submissions closing 5 October at 4:00pm EST

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

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Property ID: 504392628Last Updated: 19 Dec 2024

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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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