Gorman Commercial FOR SALE

511 High Street, Epping

auction

PREMIUM SHELL SERVICE STATION INVESTMENT

Rare opportunity to purchase a freestanding investment leased to a top ASX 200 company.

The property is to be sold by public auction on Thursday 6th September at 12 noon on-site.

Key attributes of the site include:

* Lease term: 5 + 5 + 5 + 5 years from December 2018
* Rental: $255,000 p.a. net plus GST
* All outgoings paid by the Lessee plus land tax
* Land area: 2,393 sqm approx.
* Frontage to High Street of 53.91 metres approx.
* Ideal future land bank opportunity
* Terms of Sale: 10% deposit, balance 30/60 days

Adjoining McDonalds fast food restaurant and 500 metres from Epping Plaza Shopping Centre which features major retailers including Coles, Woolworths, Target, Big W and Aldi; and the soon to be completed Costco store.

Property Details

Asset Type
Retail
Building Area
474 m2*
Price
Contact Agent

Stephen Gorman

0418 321 828

sgorman@gormancommercial.com.au