Alternative Investment Management has recently purchased a parcel of land situated on the main roundabout in the heart of the Hay, New South Wales, facing the Sturt and Cobb Highway. The Property is well positioned to service the heavy haulage traffic and long-distance travellers between Sydney and Adelaide.
Construction is expected to commence in early 2022 to build a Mobil branded Fuel Station, Roadhouse and Convenience Centre.
On completion the Property will be leased for an initial term of 15 years, plus 3 further option terms of 5 years each.