3 In 1 investment! Service Station, CafÃ© & Grocery Store!
Property ID: 19745975
Net Income $379,000
Net Yield 6.5%
Annual 3.5%rent increases and CPI reviews
All Outgoing's Paid By Tenant
Lease Term 10 Years
Further Options To 2042
Brand new development providing generous taxation saving depreciation benefits
The Local City Council is the largest Local Government area (LGA) in the Sydney Metropolitan area, covering approximately 2,793 square kilometres.
The LGA has a current estimated residential population of 66,134 which is estimated to grow to almost 83,000 by 2019.
The area is well positioned for economic growth due to its rapidly increasing population and export potential in key areas.
It was a major supplier of agricultural products and agriculture is still an important industry today and continues to play a vital role in defining the character and landscape of the district. Additionally the nearby RAAF base continues to be a major contributor to the local economy.
Being within a close vacinity to the Sydney CBD as well as famous National Parks and Wilderness the area benefits from a strong tourism industry.