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4623 Olympic Highway Young, NSW 2594

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4623 Olympic Highway,
Young, NSW 2594

Shops & Retail

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$1,200,000

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Map of 4623 Olympic Highway

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Affordable Highway Service Station Investment. Circa 8.5% Yield Anticipated.

Recent 10 year lease to 2025 + option to 2030.
Established Metro Petroleum branded service station plus convenience store.
Metro Petroleum: approx 200 locations.
Young: the largest town in the Hilltops Council region with a population of circa 18,919 residents.
Strategically located on the Olympic Highway.
Generous 4,156 sqm site with significant improvements incl. basic dwelling, canopy and convenience store.
Guaranteed rental growth, fixed 3% annual rental increases.
Tenant pays usual outgoings incl. management fees, as per the lease.
Easily managed, single tenant investment.
Net Income: $102,884 pa + GST.

Property ID: 502174826Last Updated: 6 Feb 2017

04511010...
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4623 Olympic Highway
Young, NSW 2594
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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