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609 Henty Highway
Portland VIC 3305
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609 Henty Highway Portland VIC 3305

  • Shop & Retail
  • 1 m²
  • For Sale, 8.5-9.0% YIELD RANGE ANTICIPATED

FUEL & CONVENIENCE INVESTMENT ~ ANTICIPATED 8.5 to 9.0% YIELD RANGE ~ 10+5+5+5 YEAR LEASE

    THE BEST VALUE LONG-LEASE FUEL & CONVENIENCE INVESTMENT IN VICTORIA!

    Quinn Property Co. is delighted to present the "Metro Portland Fuel & Convenience" Investment to the market for DEADLINE PRIVATE SALE closing on Wednesday 9 October (IF NOT SOLD PRIOR)

    Highlights of this investment opportunity include:

    ~ 15 Year (10 years remaining)+5+5+5 Year Lease to Metro Petroleum - one of Australia's biggest fuel operators (lease commenced in 2019)

    ~ 2019-Built facility with modern "as new" improvements including double fibreglass fuel tanks

    ~ A significant land-holding of 2,588 sqm* with a huge highway frontage - potential to build a drive-thru to rear of site

    ~ Net Rental (Est.): $376,098pa (+GST)#

    ~ Guaranteed annual rental growth: 3.3% increases per annum (5.0% at any option period)

    ~ Solid tax depreciation benefits

    ~ 50% Stamp Duty Benefits Apply to this purchase - Regional Victoria Concessions scheme (check SRO to confirm eligibility)

    Call Marcus or Steve at Quinn Property Co. for further information today.

    FOR DEADLINE PRIVATE SALE CLOSING WEDNESDAY 9 OCTOBER (if not sold prior)

    #rental as at 22 Nov 2024

    Property Highlights

    Floor Area1 m²
    Land Area2,588 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019481805
    Category
    Last updated  15 Sep 2024
    Map for 609 Henty Highway Portland VIC 3305

    Property Highlights

    Floor Area1 m²
    Land Area2,588 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019481805
    Category
    Last updated  15 Sep 2024

    Co-Agents

    Marcus Quinn
    QUINN PROPERTY COMPANY PTY LTD
    Call
    0439 328 080
    Stephen Imrie
    Stephen Imrie
    QUINN PROPERTY COMPANY PTY LTD
    Call
    0418101429

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