15 Year Lease + Options to 2038 – Entry Level Service Station Investment
Description
– 15 year lease to 2033 + 1 x 5 year option to 2038
– Long term lease to established Caltex operator
– Fixed 4% annual rent increases
– Land area: 2,024 sqm, over two separate titles, highway frontage
– Brisbane Valley Hwy. links the Warrego & D’Aquilar Hwys
– Harlin Roadhouse 1.5 hours approximately north-west of Brisbane
– Tenant pays all outgoings, as per the lease, including Land Tax and building insurance
– Tenant pays extra rent equal to 10% of future improvement costs
– Net Income: $129,792 pa + GST
Auction: 10.30 am AEST Wednesday 24 June 2020
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Harlin, QLD
8508 Brisbane Valley Highway
- Sold Price: Contact Agent
This property was sold as part of Portfolio 137