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Ray White Commercial - Queensland

146 Lascelles Street Hopetoun, VIC 3396

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146 Lascelles Street,
Hopetoun, VIC 3396

Shop & Retail • Other

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High Yielding Investment leased for up to 50 years

• Long term lease commencing at settlement
• Proven operator with 13 other locations + further 10 in the pipeline
• Tenant responsible for all above /below ground remediation

This service station has just been released and is about to undergo a major renovation/upgrade.
The existing 4 fuel bowsers will be replaced with 3 new multi-grade bowsers dispensing 91/98/Diesel and an additional two high-flow diesel bowsers to encourage more truck business from the adjacent Henty Highway.
The existing tanks will be relined/replaced and expanded from 19,800 litres to 79,800 litres of storage capacity.
The shop will be upgraded to supply quality, fast food and a wider convenience offering.

Lease Details:
• Lease term: 12 + 8 + 10 + 10 + 10
• Outgoings: 100% recoverable (including land tax if state laws allow for this - land tax to be calculated on a single holding basis)
• Annual Rental increases: CPI capped at 5%
• Operator Trading as: Tiger One Petroleum - Fuel Provided by Mobil
• Operator experience: Currently operating 13 Mobil branded service stations with a further 10 in the pipeline

Further information is available upon request including:
• Lease
• Tenant CV
• Draft Sales Contract

As per the Government Directions, you must be fully vaccinated (or have a valid exemption) to attend any of our Open Properties or On Site Auctions. Simply show the Agent your green tick when scanning the QR Code at the door, or produce Proof of Vaccination or Exemption.
If you are unvaccinated or partially vaccinated, we can introduce you to the property via a private inspection. Please contact the agent to schedule a private inspection.

Additional information

Property ID: 503823430Last Updated: 7 Jun 2022

Ray White Commercial - Queensland

Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
Ray White Commercial - Queensland
146 Lascelles Street
Hopetoun, VIC 3396
Ray White Commercial - Queensland
Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
Ray White Commercial - Glen Waverley
169 Coleman Parade
GLEN WAVERLEY, VIC 3150
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