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    • About this property
    • Explore Haberfield
    • Highly Exposed Petrol Station Investment

      Property ID 1719572
      Ray White Commercial NSW - Sydney City Fringe is pleased to offer for sale 163-165 Parramatta Road, Haberfield.

      Metro Petroleum station a strong 200+ network in NSW. With over 50,000 cars passing daily on Parramatta Road this recently refurbished 1151sqm* site is for sale. With future redevelopment/rezoning potential (STCA)

      Key highlights include:

      - 1,151sqm* highly exposed corner site
      - Approx 30 years of petrol sales from this site
      - New 5 + 5 + 5 year lease from August 2016
      - Recently refurbished site + new high speed bowsers
      - Tenant pays all outgoings, including 100% land tax
      - Strong 4% annual increases (net income $336,919 in 2021)
      - 4 month bank deposit + guarantors
      - Future redevelopment/rezoning potential (STCA)
      - Valuable redevelopment clause in owners favour
      - Net Income: $300,000 pa + GST from the 1st August 2017

      For more information please contact the below agent

      Kristian Morris
      Partner & Licensee in Charge
      Ray White Commercial NSW - Sydney City Fringe
      0411 415 297
      02 9810 3422
      kristian.morris@raywhite.com