10 year lease to Caltex to 2024 + options to 2034.
Caltex – a top ASX company, in Australia for more than 100 years.
Forresters Beach – oceanfront Central Coast suburb.
Central Coast – population of around 333,119, $11.77 billion in GRP, forecast to swell to over 422,000 by 2031.
Large attractive canopy and convenience store + mechanical workshop.
Commanding 1,957 sqm site with exposure to over 18,000 vehicles per day.
Tenant pays most outgoings (excl. land tax) as per lease.
Easily managed single tenant investment.
Net Income: $267,090 pa + GST.