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CBRE - Victoria
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161-189 Ogilvie Avenue Echuca, VIC 3564

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161-189 Ogilvie Avenue Echuca, VIC 3564

Shop & Retail
Sold Price

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Land area

0.52ha (1.29 acres)

Floor area

5240.0m²

Tenure type

Tenanted Investment

Sold on

01 Nov 2018

RECENTLY CONSTRUCTED FREESTANDING HUNGRY JACKS AND UNITED SERVICE STATION

  • 12 Year Net Leases, 10 years to run
  • Strategic 5,240sqm* land holding
  • Net Income of $506,000 per annum*

Recently constructed Freestanding Hungry Jacks and United Service Station investment located on the major highway through Echuca

12 Year Net Lease to Hungry Jacks and a 12 Year Net Lease to United Petroleum both expiring in 2028

Strategic 5,240sqm* land holding, directly adjacent to Bunnings Warehouse and a brand new large format retail centre

Significant depreciation benefits available given the 2016 build

Fully Leased Net Income of $506,000 per annum* with fixed annual increases

For Sale Via Public Auction as part of the CBRE Premium Property Portfolio Auction to be held on November 29th 2018 from 6.00pm (AEDT) at Zagame Ferrari Head Office, Level 1, 430 Swan Street Richmond, Vic

For further information contact the exclusive selling agents:

CBRE:

Joseph Du Rieu

0408 892 976

Kevin Tong

0422 848 818

MELCORP:

Paul Jones

0488 779 749

Tim Spargo

0402 747 030

Property ID: 502996674Last Updated: 16 Nov 2018

CBRE - Victoria
161-189 Ogilvie Avenue
Echuca, VIC 3564
Kevin Tong
Joseph Du Rieu

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Agency contacts

CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
Melcorp Real Estate - Melbourne

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Melcorp Real Estate - Melbourne

477 Swanston Street (Cnr Swanston & Franklin Streets)
MELBOURNE, VIC 3000
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Kevin Tong

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Kevin Tong
CBRE - Victoria
161-189 Ogilvie Avenue Echuca, VIC 3564

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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