Sold

Brand New Service Station & Fast-Food Restaurant Investment

PRICE
Sold
SIZE 3,589 sqm
FLOOR 583 sqm
ZONING Comprehensive Development Zone (CDZ2)

241 OHERNS ROAD, EPPING VIC 3076

Property Features
  • Land is 3,589 m²
  • Floor Area is 583 m²

LAWD is pleased to present For Sale this exceptional investment opportunity located in the booming northern growth corridor of Melbourne.

– Prime investment with long-term secure income
– Net income of $575,000 p.a. + GST + outgoings
– 12-year lease with options to 2053
– Guaranteed fixed rental increases compounding at 3% p.a.
– Jasbe are a national operator with 45 sites Australia wide
– In excess of 50,000 cars expected to pass daily
– Proximity to a newly constructed $103m diamond interchange, part of the Oherns Rd upgrade
– Perfect trading location: the adjoining employment precinct drives trade by day while the residential catchment drives both day & night trading
– Substantial 3,589 sqm* site designated as ‘Comprehensive Development Zone’
– Attractive investment given the low interest rate environment & strong guaranteed rental growth
– Strong performing asset class which was deemed an ‘essential service’ during lockdowns
– Located in one of the fastest growing municipalities in Australia
– Brand new construction (complete in September 2021) with significant depreciation benefits

*Approximately

The property is available For Sale via a private sale process.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents below:

Paul Callanan – 0478 652 468
Peter Sagar – 0414 843 854
Darcy Tobin – 0433 644 166

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Agents

Paul Callanan
+61 478 652 468
Peter Sagar
+61 414 843 854
CONTACT AGENT

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