Burgess Rawson are pleased to offer to the market 70-72 Union Street, Kyabram VIC 3620 for sale via Auction Investment Portfolio 172. Investment highlights include: + Renewed Five (5) year ground lease to EG Group to November 2028 plus Three (3) further Five (5) year options to 2043. + Fixed annual 3.5% rental reviews. + EG Group: multinational fuel and convenience retailer with $28 billion annual revenue & 5,940+ locations globally, employing over 45,000 people.(1) + Rare ground lease: EG Group owns, maintains, repairs, and replaces all infrastructure including buildings, canopy, fuel tanks, equipment and is also responsible for site remediation. + Easily managed, zero landlord repair & maintenance obligations. + Landlord Favorable lease terms with the tenant responsible for all outgoings excluding land tax. + Incredible entry level investment opportunity. + Freestanding corner-site directly opposite Woolworths Supermarket and BWS + Surrounded by important social infrastructure including the Kyabram Train Station, the Kyabram District Health Service and national tenants, Mitre 10, NAB, CBA, ANZ, Subway, BWS, Ritchie’s IGA and more.(2) + Kyabram: Commercial and retail service centre in diverse Goulburn Valley agricultural region and satellite town of both Echuca and Shepparton (both 30km away).(3) + The Shire of Campaspe is located 180 km from Melbourne CBD, and one of Victoria’s vibrant and diverse municipalities which is home to more than 39,000 people, and has a Gross Regional Product of $2.91 billion.(3) + Potential 50% stamp Duty Savings. + Net Income: $39,990 pa* + GST (as at November 2024) For Sale by Portfolio Auction Investment 172 10:30am AEDT Wednesday 30 October 2024 River Room - Crown Casino, Melbourne *Approx 1 EG Group 2 Gapmaps 3 Remplan
Email enquiry to Burgess Rawson - Melbourne
Property ID: 504702280