66 Sylvia Street,
Nollamara, WA 6061
Shops & Retail • Showrooms & Large Format Retail • Other
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Map of 66 Sylvia Street
New 12 year lease - 7.5% Return - Triple Net Lease
An opportunity exists for an investor to acquire a service station with a new long-term lease in a busy community centre. The property is situated on a land area of 848sqm* and has great exposure on the corner of Sylvia Street and Hillsborough Drive.
This prime lot is zoned "Local Centre" and has multiple potential uses including fast food outlet, medical centre as well as it's current use, service station.
The tenants are taking full responsibility for all capital items including structural repairs and the maintenance of the tanks for the full period of the current lease, offering a Buyer peace of mind.
Featuring:
• Part of a busy Community Centre
• Central Nollamara location
• Great exposure
• Fuel tanks - checked - 100%
• Fuel lines - Replaced - 100%
• Environmental Report - No contamination
• Tanks & lines are long term responsibility of tenant
• Lease: $150,000pa + GST + outgoings
• Rent reviews: CPI + 0.5%
• Guarantee: 6 months bond
• Term: 12 years plus (4) 5-year options
Vibe Petroleum is a privately-held independent petroleum company primarily operating in Western Australia, thriving to be the best in the customer services sector. With 24 open Vibe locations and many more Vibe's coming soon, Vibe gives motorists a great "vibe" every time they step into their stations.
For further information or to arrange an inspection please contact:
Brett Wilkins
M: 0478 611 1...
E: brett.wilkins@raywhite.com
*approx
This prime lot is zoned "Local Centre" and has multiple potential uses including fast food outlet, medical centre as well as it's current use, service station.
The tenants are taking full responsibility for all capital items including structural repairs and the maintenance of the tanks for the full period of the current lease, offering a Buyer peace of mind.
Featuring:
• Part of a busy Community Centre
• Central Nollamara location
• Great exposure
• Fuel tanks - checked - 100%
• Fuel lines - Replaced - 100%
• Environmental Report - No contamination
• Tanks & lines are long term responsibility of tenant
• Lease: $150,000pa + GST + outgoings
• Rent reviews: CPI + 0.5%
• Guarantee: 6 months bond
• Term: 12 years plus (4) 5-year options
Vibe Petroleum is a privately-held independent petroleum company primarily operating in Western Australia, thriving to be the best in the customer services sector. With 24 open Vibe locations and many more Vibe's coming soon, Vibe gives motorists a great "vibe" every time they step into their stations.
For further information or to arrange an inspection please contact:
Brett Wilkins
M: 0478 611 1...
E: brett.wilkins@raywhite.com
*approx
Property ID: 503237742Last Updated: 13 Jan 2020
RWC - WA
12-14 The EsplanadePERTH, WA 6000
04786111...
66 Sylvia Street
Nollamara, WA 6061
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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