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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

    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

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    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

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