609 Henty Highway - Portland
FUEL & CONVENIENCE INVESTMENT (2019 CONSTRUCTED)
Quinn Reynolds Property, under instruction from Transaction Manager, Oliver Commercial Advisory, are pleased to present 609 Henty Highway, Portland to the market for sale.
Features of this exceptional investment include:
+ Modern “as-new” (2019 Constructed) Metro-Petroleum investment
+ 15 year lease – commenced in Nov 2019 returning a estimated net rental of $351,459 pa (+GST)
+ Blue-chip head office lease to Metro Petroleum which has 245* sites nationwide
+ Fixed annual increases for the life of the lease and options (3.3% annually/5% at
option renewal)
+ Site Area: 2,588 sqm* - massive highway frontage of 44 metres*
+ A most sought-after 'essential service' investment with the added bonus of 50% stamp
duty savings~
+ High quality building improvements including a truck-stop facility and double skin
fiberglass tanks
+ Major tax depreciation savings apply to this investment
+ Located in one of Australia’s busiest regional Ports with huge truck and transport
movement along Henty Highway daily
+ Outstanding position on Henty Highway with the site capturing all outbound traffic to
Warnambool and Melbourne
+ Future potential to add in drive-thru facility (STCA)
For further information including a detailed IM or Contract of Sale please do not hesitate to contact Marcus or Linc at Quinn Reynolds Property
* Approximately
~ Check with State Revenue Office for individual eligibility
FOR SALE
TRANSACTION MANAGER: OLIVER COMMERCIAL ADVISORY - Kenny Oliver
