Great opportunity to buy a Freehold Property Investment with service station in South Gladstone QLD

Excellent opportunity to invest in a Freehold Property with Metro Petroleum (Tier 1 Service station Operator) as tenant , in South Gladstone, QLD

1SELL Listing Number : 1AU084

Property Features:

   -  Asking Price $1,250,000

   -  Landlord friendly lease with current rent: $112,000 PA + GST + Outgoings

   -  ROI: 9% yield

   -  Yearly Increment: CPI fraction Brisbane.

   -  Lease expires 30/11/2026 + 15 years Options (5 + 5 + 5)

   -  Land size: 1,925 SQM approximately.

   -  Built up area over 500 SQM.

   -  Gladstone as truck stop

   -  Metro service station along with warehouse rented at $112,000 + GST + Outgoings

   -  Fiberglass underground tanks and updated UPSS, with baseline underground maintenance done by tenant

   -  100% Outgoings paid by tenant

   -  Metro Petroleum has one of the largest independent service station networks in Australia, with over 400 service station outlets across NSW, Victoria, and Queensland. Proudly and fully Australian owned; Metro Petroleum has been operating service stations retails for the past 40 years.

This is great opportunity for an astute investor to acquire a property with good yield, reliable rental income & Tier 1 tenant.

Note: Only property for sale, not the business.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Property Code: 98