Secure 15 year lease to long established operator to 2032 + options to 2047.
Enhance Service Stations: rapidly expanding group of independent service stations on east coast of Australia.
Forster – popular seaside location in the MidCoast Council Area which is home to a population of some 90,975 residents.
Excellent exposure to Macintosh Street just 500 metres from McDonald’s and 1.5 km to Woolworths & Coles.
Recent refurbishment with modern canopy and convenience store.
Inflation beating 3% annual rental increases (Net Income: $254,115 in 2031).
Net lease, tenant pays outgoings, as per the lease.
Easily managed single tenant investment.
Net Income: $168,000 pa + GST.