SOLD - Cabramatta (Sydney) - BP Service Station Investment

Leased to one of BP Australia’s most well-established operators, Cushman & Wakefield proudly presents this metropolitan Sydney investment opportunity to the market. 115-119 Hume Highway provides a large and strategic land holding with high profile exposure to more than 63,000 cars per day.

The property has the following key characteristics:

• 10 year lease to 2024 plus options 2039 to well established BP operator with over 44 locations nationally.
• Significant 1,897 sqm site with 50 metre frontage to the Hume Highway.
• Exposure to over 63,000 vehicles daily
• Bustling Western Sydney location 30kms from the Sydney CBD surrounded by a thriving residential catchment and nearby Western Sydney logistics precinct.
• Prominent site positioned amongst a dominant retail strip featuring major national retailers including McDonalds, Tradelink, Stegbar, Anytime Fitness, Woolworths Caltex, 7-Eleven.
• Favourable environmental provisions with ownership of the tanks and remediation responsibility of the tenant.
• Tenant pays all usual outgoings (excluding Land Tax)
• Fixed 3% annual increases
• Net Income $280,380* pa + GST (as at 1 November 2018)

*Approx

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Tuesday 18th of September at 10.30am at the Cushman & Wakefield Sydney office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.