Long secure 10 year lease to 2024, with options until 2039.
Near new construction, built 2012/2013.
Salt Ash – Strategic main road location between Newcastle and Nelson Bay, 30 minutes from Newcastle and 2 hours from Sydney.
Caltex: Petroleum giant brand, top 50 ASX publicly listed company, the leading transport fuel supplier and convenience retailer in Australia.
Large site of 2,164 sqm with wide high profile frontage.
High traffic volume of 22,800 cars per day.
Generous depreciation allowances.
Easily managed single tenant investment.
Estimated Net Income: $275,858 pa + GST (Sept 2015).

Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney