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7B Anderson Street (South Gippsland Hwy)
Leongatha VIC 3953
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Sold on 28 Oct 2020

7B Anderson Street (South Gippsland Hwy) Leongatha VIC 3953

  • Shop & Retail
  • 135 m²
  • Sold

Renewed 7 Year Head Office Lease to Subway Realty Pty Ltd

+ Renewed 7 year Net lease to 2027 No further Option
+ Head office company lease to Subway Realty Pty Ltd
+ Subway: the worlds largest restaurant chain with 38,330+ stores and growing
+ Subway pays Outgoings as per lease
+ Strategic fast food location directly opposite McDonalds & KFC
+ 606 sqm site with important on-site parking and huge corner exposure
+ Significant taxation depreciation
+ Leongatha: capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000, 75km SE of metro Melbourne
+ Net Income: $40,680 pa + GST

For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October

AUCTION

Auction date and time28/10/2020 11:00
Auction locationAuctionWorks, Sydney
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold28 Oct 2020
Floor Area135 m²
Land Area606 m²
ParkingOn site parking available
Property ID2016523508
Category
Last updated  28 Oct 2020
Map for 7B Anderson Street (South Gippsland Hwy) Leongatha VIC 3953
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold28 Oct 2020
Floor Area135 m²
Land Area606 m²
ParkingOn site parking available
Property ID2016523508
Category
Last updated  28 Oct 2020

Co-Agents

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304
Beau Coulter
Beau Coulter
Burgess Rawson VIC Pty Ltd
Call
0413 839 898

More about 7B Anderson Street (South Gippsland Hwy) Leongatha VIC 3953

7b Anderson Street (south Gippsland Hwy) Leongatha VIC 3953 is categorized as Shop & Retail Property. It has a floor area of 135 m² and a land area of 606 m². The listing ID for this property is 2016523508.

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