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Metro Petrol Station. Lake Boga, Victoria - Fay Business Agents

Metro Petrol Station. Lake Boga, Victoria

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Please find some basic information on the Metro Lake Boga Investment Opportunity. 

Over 8% Return on the Investment.
Nothing to Do. 

Modern Site and Tenant responsible for equipment replace, repair and maintenance.

Metro Fuel. Lake Boga, Victoria

Land Size 3237 Square Metres
Asking Price: $2,000,000 – $2,150,000

Investment Opportunity with High Returns.
Freehold Property Sale Only – Long Lease in place with Major Fuel Group Metro Fuel.
Opportunity to be the Landlord for this great investment property with Triple A Tenant.
Great Return of up to 8% on Investment.
3.3% Annual Increases (Plus GST)

Ticks all the boxes.
– Upgraded and Modern Site
– Strong Head Lease with Secure Tenant
– High Annual Rental
– Secure Tenant Metro Fuel with over 500 Petrol Stations Australia Wide.
– Landlord Owns all equipment and tenant maintains it .

Modern Petrol Station and Convenience Store.
With 2 Bedroom Dwelling 
Annual Rental Income  of $162,261.75 Plus GST and Outgoings
Annual Increases of 3.3% Plus GST

In September 2024 the rent will increase to $167,616.36
Long Lease of 15 Years 
Commenced 16th September 2019 – 16th September 2034
With Further Options 5 x 5 x 5 x 5 Years

Site was Fully Refurbished -installation New Fibreglass Tanks.
ALL New Floors, Walls, Electricals, Fit Out and Pumps installed in 2019.
ALL Fully Owned by the Landlord and Maintained By The Tenant.

Happy to discuss all offers.