Affordable Fuel Investment | Net Lease – High 8% Yield
Description
Burgess Rawson is pleased to offer to the market, 159 Rouse St (New England Hwy), Tenterfield NSW for sale via Private Treaty.
The property has the following investment highlights:
+ 7-year net lease plus options until 2040
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ Important 1,566sqm* highway site in CBD opposite Henry Parkes Plaza (anchored by Coles & Service NSW)
+ Well established, thriving and profitable service station location.
+ Recent site upgrades include new fuel lines, browsers and signage
+ Tenterfield: strategic transport industry location on service freight corridor
+ Net Income: $131,161 pa* + GST
To be sold by Private Treaty.
Indicative Yield 8.5%
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Enquire
Contact agents
Kieran Bourke Partner
0417 418 007Flynn McFall Sales Executive
0481 187 191Enquiry Form
Tenterfield, NSW
159 Rouse Street
For Sale by Expression of Interest
This property is part of Portfolio 159
Price: Contact Agent