Investment Opportunity. 5% Return on Investment.
Ampol Head Lease to 2035.
Combined Rental Income of $496,409.26 Plus Outgoings.

Corporate Head Leases with two tenancies. 
Two market leaders in their field securing the head leases Ampol Petroleum and Smokin' Joes.

Tenancy 1 - Ampol Foodary Petrol Station and Convenience Store
- Rental $390,310.30* Per Annum Plus GST and Outgoings
- Lease Term 30th March 2015 30th March 2030
- Plus Further Option of 5 Years.
- Outgoings paid by Tenant council rates and water rates.
- Landlord pays for Building insurance and land tax. 
- Annual Increase CPI
- Market Review at each option maximum of 10% increase.

Tenancy 2 Smokin' Joe's
- Size: 166 Square Metres
- Rental of $106,089.96 Plus GST and Outgoings
- Lease Term 5 Years 16th July 2023 15th July 2028
- Plus Further Options 5 x 5 Years to 15TH July 2038
- Outgoings paid by tenant are council rates and water rates.
- Landlord pays for Building insurance and land tax. 

Modern Site built in 2015 with Fibreglass Tanks and Modern Fitout.

Ampol Extended Lease term to secure this successful site for further term.

- Town Population: 33,580 - Growth pocket of Melbourne located in Whittlesea municipality bordering with Epping and Mernda.
Total Land Size: 4,799 Square Metres

- The high cost to purchase an acre of land in this suburb in today's market and rebuild similar commercial property with petrol station and restaurant further highlights the positives of this investment.

- Return at 5% with the benefit of growth in the area and growth in the value of Wollert property cementing the strength of your investment.

Separate Meter for Water, Gas & Electricity.
3 Shared Car Spaces
Two Fibreglass Tanks Installed in 2015 - 110,000 Litres Each Plus 1 LPG aboveground Tank.

Commercial property located in the heart of one of Melbourne's fastest growing suburb.

Multitude of development uses for this prime property long into the future.
Tenant to provide updated ESA on termination and make good of site, soil and equipment at end of lease.

For More information on this great opportunity or to book an inspection please feel free to contact Fay Medawar.