BP Frankston, 296 – 298 Frankston Dandenong Road,
Seaford, VIC 3198
Shops & Retail • Showrooms & Large Format Retail • Other
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Map of BP Frankston, 296 – 298 Frankston Dandenong Road
BP Petrol Station Investment
- Expect to Buy on circa 7.25% yield
- 12+6+6 yr Lease from 9 November 2011
- 3% annual increases + outgoings
- Lease, 12+6+6 years commenced 9 November 2011.
- Current Rent approx. $393,928.32 pa.
- Annual 3% rent increases and market review at each Option. Rent to increase to approx. $405,745.92 pa on 1/11/2016.
- Tenant pays all outgoings, except Land Tax (approx. $3,055 on a single holding basis).
- National BP Dealer – Jasbe Petroleum with 40 plus sites.
- Strategic site on major metropolitan arterial between the Frankston and Peninsula Link Freeway Interchanges.
- 3,214 sqm* corner site with a combined 133 metres* of frontage.
- Includes a 240sqm convenience store building, a 4-island startergate canopy, fibreglass tanks, plus two car wash bays.
- Generous depreciation benefits.
*approx.
Terms: Deposit 10%. Balance 60/90 days.
- Current Rent approx. $393,928.32 pa.
- Annual 3% rent increases and market review at each Option. Rent to increase to approx. $405,745.92 pa on 1/11/2016.
- Tenant pays all outgoings, except Land Tax (approx. $3,055 on a single holding basis).
- National BP Dealer – Jasbe Petroleum with 40 plus sites.
- Strategic site on major metropolitan arterial between the Frankston and Peninsula Link Freeway Interchanges.
- 3,214 sqm* corner site with a combined 133 metres* of frontage.
- Includes a 240sqm convenience store building, a 4-island startergate canopy, fibreglass tanks, plus two car wash bays.
- Generous depreciation benefits.
*approx.
Terms: Deposit 10%. Balance 60/90 days.
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Property ID: 501988942Last Updated: 2 Nov 2016
04183221...
BP Frankston, 296 – 298 Frankston Dandenong Road
Seaford, VIC 3198
Ronald A Newton & Associates Pty Ltd - South YarraLevel 3, 177 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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