Metro Derrinallum Petrol Station, Convenience Store, Workshop, Shed  and Dwelling, 9-15 Hamilton Highway, Derrinallum, Victoria

Investment Opportunity  - High Return Between 8% -  8.5%  
Petrol Station ,Convenience Store, Workshop and House – Over 2 Acres
Lease with Options till  2056 to Metro Fuel Group.
Modern and Upgraded site with very secure and long lease.

- One of Australias Largest Independent Fuel  Group – Metro Fuel Group have the Head Lease.. Own over 300 Sites and Acquiring more nationally.
- Fibreglass fuel underground with 30 year warranty installed in 2018.
These two items are worth gold. You don’t have to worry about tenant leaving and/or not paying. Nor about having to replace old steel tanks.

Annual Rental of  $122,987.12 
15 Year Lease – commenced 1st December 2016 – 30th November 2031
Plus Further Options 5 x 5  x 5  x 5 x 5 Years 
3% Fixed Increase Per Annum on 1ST December of each year.
 

Site Highlights:
- 15 year lease to 2031 plus options to 2056.
- Guaranteed income growth with 3% annual rent increases.
- Single tenant, minimum management investment.
- Town centre 8,094 sqm site with 80 metre frontage to Hamilton Highway, 

- Main Arterial linking Melbourne and Geelong to Victoria’s Western Regions
- Tenant responsible for all usual outgoings as per the lease
- Significant site upgrade including New Tanks, New Lines, Pumps, Canopy Refurbishment.
- Full refurbishment of the internal convenience store from new floors to complete new Fitout.   Completed November 2018 
.- Secure and strong Fuel Company Metro Fuel  as Tenant with Head Lease. 
- Full Site Refurbishment of all underground and aboveground equipment and building.

For More Information or to book an inspection please feel free to contact me anytime.

Asking $1,500,000 – No GST Applicable.
50% off stamp duty at only 2.5%
Land Size: 8,094 Square Metres – 2 Acres

Site Includes – Petrol Station, Convenience Store, Shed, Workshop, Dwelling and massive vacant land at rear and side.