A great investment opportunity.
Head Lease to Fuel giant – Shell Viva for long tenure. Worth gold. Shell owns and operates hundreds of service stations Australia Wide and is a Global Fuel Group.
Upgraded Site that is fully maintained by the tenant – Shell Viva.
Head lease to Shell Viva with first term ending 31st October 2033. And further options of 5 x 5 x 5 x 5 x 5 years.
Site was fully redeveloped in 2018 – New Pumps, New Fuel Lines and New Shop Fit Out.
Shell Viva pay all landlords outgoings except Land Tax.
Golden Square is a town in Bendigo, which is one of Victorias largest regional towns, with very strong property values. Especially in the commercial sector. Land Value growing strong in the region.
Fuel Stations in massive demand.
The lease and tenant are as secure as you can get.
Asking Price: $3,800,000.00 – $4,000,000.00 – Or Best Nearest Offers
Annual Rental: $286,572.60 Plus GST and Outgoings (Tenant pays all outgoings except Land Tax)
Lease to: Shell Viva Energy – Formerly Westside Fuel
Rental start date: 1st November, 2018 (15 years Plus Options)
First Term : 31st October, 2033 with Further Options 5 x 5 x 5 x 5 Years Plus
Annual Increases: 3% Plus GST every November.
Existing Service Station Site was upgraded in 2018 with all the Modern Showroom Fitout and Branding. – New Lines and Pumps in the forecourt.
Modern Full Shop Fit Out – Floors, Walls, Electricals, Cabinetry and Shelving.
Steel Tanks but with Cathartic Protection.
Tenant maintains and repairs all above ground equipment and responsible to monitor/SIRA reports of underground tanks.
Contract of Sale and Vendor Statement with lease and relevant documents are available on request.
To book an inspection or discuss further please contact me at anytime.
