609 Henty Highway, Portland, Vic 3305

Retail
8.5% YIELD ANTICIPATED
8.5% YIELD ANTICIPATED
Published on: 10 Sep 2024
Last updated on: 31 Oct 2024
609 Henty Highway, Portland, Vic 3305
609 Henty Highway, Portland, Vic 3305
609 Henty Highway, Portland, Vic 3305
+10
609 Henty Highway, Portland, Vic 3305
  • 10
Property ID: 504684760
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Key property information

Land Size
2,588.00 m2
Floor Area
1.00 m2

IMMEDIATE SALE LIKELY WITH MASSIVE YIELD, FIXED RENTAL GROWTH & NEAR NEW 2019 IMPROVEMENTS

609 Henty Highway, Portland, Vic 3305
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THE BEST VALUE FUEL & CONVENIENCE INVESTMENT IN TODAY'S MARKET

Quinn Property Co. is delighted to present the "Metro Portland Fuel & Convenience" Investment to the market for Private Sale.

Highlights of this investment opportunity include:

~ 15 Year (10 years remaining)+5+5+5 Year Lease to Metro Petroleum - one of Australia's biggest fuel operators (lease commenced in 2019)

~ 2019-Built facility with modern "as new" improvements including double fibreglass fuel tanks 

~ A significant land-holding of 2,588 sqm* with a huge highway frontage - potential to build a drive-thru to rear of site

~  Net Rental (Est.): $376,098pa (+GST)#

~ Guaranteed annual rental growth: 3.3% increases per annum (5.0% at any option period)

~ Solid tax depreciation benefits 

~ 50% Stamp Duty Benefits Apply to this purchase - Regional Victoria Concessions scheme (check SRO to confirm eligibility)

Call Marcus or Steve at Quinn Property Co. for further information today.

PRIVATE SALE

#rental as at 22 Nov 2024

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
2,588.00 m2
Address
609 Henty Highway, Portland, Vic 3305

Floorplans and tours

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Marcus Quinn
Marcus Quinn
Stephen Imrie
Stephen Imrie
150 Union Street, Windsor, Vic 3181
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Marcus Quinn
Marcus Quinn
Stephen Imrie
Stephen Imrie
150 Union Street, Windsor, Vic 3181
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      Property ID: 504684760

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