Mobil Petrol Station, Convenience Store and Workshop/Mechanic. Leopold, Victoria

Great Investment Opportunity with Adjoining Land available for Landlord Use.
Investment ROI 5% 

Mobil Petrol Station and Convenience Store and Workshop/Mechanic
806 – 812 Bellarine Highway, Leopold Victoria
Population: 12,380 (2016)
Land Size: 2940 Square Metres
Zoning: Commercial
Traffic Count: Over 17,000 Vehicles Daily
Asking: $3.5 Million Ex GST 

Leased areas include the Petrol Station and Workshop Area.
Over 1000 Square Metres of Vacant Land at side and rear available for Landlord use.
Can be developed further or leased out separately for more rental income.

Total Rental Income of $179,135 Per Annum Plus GST and Outgoings paid by tenants.
Petrol Station is Leased to a prominent Fuel Group with initial term of 15 Years plus further options.
The workshop/Mechanic is leased out to local mechanic who has longstanding customer base.

  • Rent Income from Petrol Station – $159,135 Per Annum Plus GST and 70% Outgoings totalling $1,052.00 Per Month Plus GST.
  • Lease of 15 Years Plus Further Options of  5 x 10 x 10 x 10 Years
  • 3 Months Security Bond Plus One Months Rent In Advance
  • New Lease commenced September 2020 
  • 3% Annual increases.
  • Rental Income from Workshop – $20,000 Per Annum Plus GST and 30%  Outgoings. 
  • Lease Term 5 Years remaining.

3 Underground Tanks
PULP. – 27,600 Litres
Diesel – 10,000 Litres
Diesel . – 10,000 Litres