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98 Kurrajong Avenue
Leeton NSW 2705
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98 Kurrajong Avenue Leeton NSW 2705

  • Shop & Retail
  • 1 m²
  • For Sale, Price on Request

High Yielding Convenience Retail | ASX Listed Giant - VIVA Energy

    Burgess Rawson is pleased to offer to the market this high yielding Shell service station at 98 Kurrajong Avenue, Leeton (Riverina Region) NSW for sale via Private Treaty.

    This opportunity has the following key investment highlights:

    + Longstanding 20-year lease to 2034 plus options through to 2064
    + Viva Energy (ASX: VEA): ASX listed company with over 1,300 sites and market cap of $4.41 billion**
    + Attractive annual rent reviews, greater of fixed 3.5% or CPI, providing strong long term rental growth
    + Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax as per lease
    + Substantial 1,000 sqm* freehold site boasting dual street frontage to Coolibah Street & Kurrajong Avenue
    + Modern fibreglass infrastructure with tenant responsible for repairs and maintenance as per lease
    + Recent tenant investment with installation of brand-new ducted air conditioning
    + Strategic location between Wagga and Griffith
    + Riverina Region: home to the New South Wales largest inland city and supporting a population over 170,000^
    + Leeton Shire has a thriving economy and is one of the most productive farming regions in NSW
    + Net Income: $221,622 pa* + GST

    To be sold via Private Treaty.

    *Approx.
    **ASX: As of 01/10/2024
    ^rdariverina.org.au

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Floor Area1 m²
    Land Area1,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019531102
    Category
    Last updated  31 Oct 2024
    Map for 98 Kurrajong Avenue Leeton NSW 2705

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Floor Area1 m²
    Land Area1,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019531102
    Category
    Last updated  31 Oct 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191

    More about 98 Kurrajong Avenue Leeton NSW 2705

    98 Kurrajong Avenue Leeton NSW 2705 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,000 m². The listing ID for this property is 2019531102.

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