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119 Albert Street Inglewood, QLD 4387

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119 Albert Street
Inglewood, QLD 4387

Shop & Retail • Offices • Warehouse, Factory & Industrial
Sold Price

$500,000

Land area

1007.0m²

Floor area

1.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

02 Feb 2018

Return

8.6% p.a.

Entry Level Freehold Investment 10 Year Company Lease to Metro Petroleum

Secure 10 year lease to August 2027 plus options to 2057
Secure company lease to Metro Petroleum (Dib Group) with strong 180+ network
Newly refurbished service station, convenience store and managers residence
1,007 sqm highly exposed main road corner site
Inglewood is the second largest town in the Goondiwindi Region
Tenant pays majority of outgoings, as per lease
Annual CPI increases with ratchet clause
Easily managed single tenanted investment
Net Income: $43,000 pa + GST

Property ID: 502628390Last Updated: 10 Sep 2018

0417 *** ***
119 Albert Street
Inglewood, QLD 4387

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Kieran Bourke
Burgess Rawson - Sydney
119 Albert Street Inglewood, QLD 4387

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

Kind Regards,

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