Burgess Rawson is pleased to offer to the market, 50 Arve Road, Geeveston TAS for sale via our Investment Portfolio Auction 169.

This opportunity has the following key investment highlights:

+ Brand new and secure 10-year lease to proven roadhouse operator from 2023 through to 2033 plus options to 2043.
+ Separate lease to Bennetts Petroleum to 2024 plus options through to 2030 with all fuel infrastructure above ground.
+ Bennetts Petroleum: Tasmania’s largest Ampol distributor and multi site operator with 16+ sites in operation.
+ Favourable rental reviews: annual CPI reviews and fixed 3% increases.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rates and single holding Land Tax.
+ Strategic 866 sqm* site with 30 metres* of frontage to Arve Road which connects to the Huon Highway the major highway link between Hobart and the Huon Valley.
+ High Yielding, superb entry level asset, minimal management commercial investment.
+ Geeveston: One of the worlds most important apple and fruit growing regions and on the route to one of Southern Tasmania’s most popular tourist attractions, the Tahune Airwalk.
+ Tasmania: Leading the nation , ranked #1 in key economic indicators in CommSecs’s latest State of the States report***
+ Net Income: $45,250 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 26 June 2024
Crown Casino, Melbourne