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387 New England Highway Rutherford, NSW 2320

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387 New England Highway,
Rutherford, NSW 2320

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High Turnover Service Station Investment. Leased until 2025 plus 5 + 5 + 5.

As new service station investment.
Leased to Caltex Australia on 12 year lease expiring November 2025 plus options to 2040.
High profile location on busy new England Highway.
Major commercial, retail and trade location containing Harvey Norman, Domayne, Spotlight, Fantastic Furniture, McDonald's, Oporto, Nick Scali, BWS, Supercheap Auto.
Large 3,123 sqm site with corner exposure.
Tenant pays all outgoings including land tax and insurance.
Annual rent increases of between 2% and 4%.
Substantial tax saving depreciation benefits.
Net Income: $303,052 pa (as at 18/11/16).

Property ID: 502022586Last Updated: 3 Oct 2016

04128402...
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387 New England Highway
Rutherford, NSW 2320
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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