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61-65 Phillip Island Road San Remo, VIC 3925

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61-65 Phillip Island Road,
San Remo, VIC 3925

Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial

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Brilliant Service Station Investment in Westernport Beachfront Location

Striking Petrol Station in a high traffic Tourist Location featuring a 10 year lease to Freedom Fuels at $249,460 pa.

The only Petrol Station in this bustling prominent Tourist Road position, just 600 metres from the Phillip Island Bridge, adjacent to local shopping strip.

* 3.5 million visitors pass this strongly trading station each year.
* Corner site with high visibility main road frontage.
* Land area approx. 1,812m2 with Mixed Use zoning.
* Extensively upgraded petrol station and convenience store.
* Lease to Freedom Fuels (www.freedomfuels.com.au) provides outstanding, secure investment and cash flow fundamentals.

Tenant: Freedom Fuels Australia Pty Ltd
Term: 10+5+5+5 years, commenced July 2007.
Rent: $249,460 pa., plus GST.
Reviews: Annual 3.5% increases and to market at Options.
Outgoings: All payable by Tenant, except land tax.
Environment: ESA conducted at Lease commencement.

Property ID: 5617325Last Updated: 5 Dec 2013

04183221...
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61-65 Phillip Island Road
San Remo, VIC 3925
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