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68-72 Bathurst Road
Orange NSW 2800
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Sold on 6 Aug 2024

68-72 Bathurst Road Orange NSW 2800

  • Shop & Retail
  • 429 m²
  • Sold

High Profile Freehold Investment Attractive 8.5% Net Yield Anticipated

    Burgess Rawson is pleased to offer to the market 68-72 Bathurst Road, Orange NSW for sale via our Investment Auction Portfolio 170.

    This investment has the following key investment highlights:

    + Long 10-year lease to 2034 plus options through to 2044.
    + Well positioned site with impressive fuel and convenience retail fit out.
    + Tenant pays all outgoings including Land Tax and structural repairs as per the lease.
    + Attractive 3.5% annual rent increases ensuring long term sustainable income growth.
    + Leased to experienced operators, with security deposit and corporate guarantees.
    + Strong trading freehold investment, comprising convenience store, mechanics workshop & fast food restaurant
    + Substantial 1,578sqm* main road site strategically located on the Mitchell Highway, in close proximity to McDonald's, KFC, Red Rooster & Taco Bell
    + Orange: Located in the Central West Region which has a diverse economy, and a population set to increase to 325,000 individuals by 2041^
    + Branded as Metro Petroleum: Over 300 stores in Australia, with revenue in excess of $14.5b^^
    + Net Income: $252,455 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEST Tuesday 6 August 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information

    *Approx.
    ^ profile.id
    ^^ metropetroleum.com.au

    AUCTION

    Auction date and time06/08/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold6 Aug 2024
    Floor Area429 m²
    Land Area1,578 m²
    ParkingAsk Agent
    Property ID2019351625
    Category
    Last updated  11 Aug 2024
    Map for 68-72 Bathurst Road Orange NSW 2800

    Nearest transport* to 68-72 Bathurst Road Orange NSW 2800

    Bus
    Train
    Tram
    Ferry
    Glenroi Ave opp North St373 m
    Kinross Wolaroi School428 m
    Bathurst Rd before Nunns Ave502 m
    Edward St at Caroline St559 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold6 Aug 2024
    Floor Area429 m²
    Land Area1,578 m²
    ParkingAsk Agent
    Property ID2019351625
    Category
    Last updated  11 Aug 2024

    Co-Agents

    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Luke Easton
    Burgess Rawson Sydney
    Call
    0472 546 001

    More about 68-72 Bathurst Road Orange NSW 2800

    68-72 Bathurst Road Orange NSW 2800 is categorized as Shop & Retail Property. It has a floor area of 429 m² and a land area of 1,578 m². The listing ID for this property is 2019351625.

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