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993-997 South Road (Corner Regent Street)
Melrose Park SA 5039
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Sold on 14 Oct 2021

993-997 South Road (Corner Regent Street) Melrose Park SA 5039

  • Shop & Retail
  • 1 m²
  • Sold

State of The Art Service Station - 15 Year Lease to 2035 plus Options to 2055

United Petroleum: One of Australia's fastest growing national fuel & convenience retailers, 450+ sites
Prime corner opposite Castle Plaza Shopping Centre (Coles anchored including 65 shops)
Large 2,406sqm site with 90m corner frontage, just 6.5km to CBD
Highly visible site with dedicated turn-right northbound traffic lane
Castle Plaza Shopping Centre is located opposite and is anchored by Coles, Target and Drakes Supermarket together with 65 specialty shops
Near Bunnings, McDonald's, KFC, Autobarn, Beacon Lighting, Supercheap Auto, Amart Furniture, JB Hi-Fi, Petbarn Wattyl Red Rooster, Spotlight, McDonalds, Hungry Jacks, Bridgestone, Yamaha, Tradelink, Battery Work and Ultra Tune
Long term potential upside with future scope to value add further (subject to relevant and council approvals)
Net income $334,744 pa (excluding of GST) (next review due March 2022)

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

Property Highlights

Date Sold14 Oct 2021
Floor Area1 m²
Land Area2,406 m²
ParkingAsk Agent
Property ID2017311063
Category
Last updated  29 Nov 2021
Map for 993-997 South Road (Corner Regent Street) Melrose Park SA 5039
Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold14 Oct 2021
Floor Area1 m²
Land Area2,406 m²
ParkingAsk Agent
Property ID2017311063
Category
Last updated  29 Nov 2021

Listed by

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223

More about 993-997 South Road (Corner Regent Street) Melrose Park SA 5039

993-997 South Road (corner Regent Street) Melrose Park SA 5039 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,406 m². The listing ID for this property is 2017311063.

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