High Circa 9% Yielding BP Branded Freehold

Description

Burgess Rawson and Commercial Collective are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill (Grafton) NSW for sale via Private Treaty.

The property has the following key investment highlights:

+ BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling

+ Proven tenant with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW

+ 10 year net lease plus three (3) further five (5) year options to 2042

+ Tenant responsible for outgoings including council rates, water rates and insurance as per lease

+ Attractive fixed 3% annual rent increases, ensuring income growth

+ Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare

+ Junction Hill: important inland route 7 minutes north of Grafton

+ Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041^

+ Easily managed single tenant investment + Net Income: $197,077 pa* + GST ($202,989 pa + GST from 20 Dec 2023)

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx ^https://forecast.id.com.au/clarence-valley

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Contact agents
Darren Beehag Partner
0411 226 223
Flynn McFall Sales Executive
0481 187 191
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Junction Hill, NSW

5 Casino Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 162

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