6 Minjungbal Drive,
Tweed Heads, NSW 2485
Key property information
Map of 6 Minjungbal Drive
Bus stops within 5 km of 6 Minjungbal Drive, Tweed Heads, NSW 2485 Distance South Tweed Heads Coach Stop, Minjungbal Dr 112 m Altair and Duffy STS 441 m Duffy St Opp Altair St 465 m Tweed City Bus Zone, Kirkwood Rd 467 m Minjungbal Dr Before Blundell BVD 498 mPOWERED BY HERE ©
Trophy Convenience Retail Investment Leased to Market-Leading Fuel Operator
- Brand new 12-year lease to 2034
- Land Tax Recoverable
- Annual 3% Rent Increases
+ United Petroleum: Top-tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with over 460 sites nationally.*
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rates, insurance, single holding Land Tax and repairs and maintenance.
+ Strong and certain rental growth with annual, fixed compounding 3% increases.
+ High profile 1,801 sqm site with 58 metres of frontage and exposure to Minjungbal Drive.
+ Minjungbal Drive, an important 4 lane arterial linking Tweed Heads CBD and the Pacific Motorway.
+ Dominant location between Tweed City Shopping Centre, home to Coles, Woolworths, Big W and Kmart, servicing 5.75 million customers annually, and South Tweed Sports centre with over 13,000 members.*****
+ Immediate proximity to several major car dealerships including Ford, Isuzu, Mazda, MG, Jeep and Toyota within 600m.
+ Surrounded by critical social infrastructure, including 17 schools within 3km servicing 4,900 full time students**
+ Tweed Shire: By 2031, population is forecast to grow by 22% to 120,000. ***
+ Tweed Valley Hospital Development: a $673 million Government funded project to deliver a new hospital with 430 beds, 42 treatments spaces and 12 operating theatres, with expected completion in 2023.****
+ Minimum management, essential service investment.
+ Net income: $210,000pa + GST.
To be sold by Investment Portfolio Auction:
10:30am (AEST) Tuesday 22 February 2022
Opera House, Sydney
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property ID: 503991335Last Updated: 28 Apr 2022
Contact Agent1 Lorikeet Drive,Tweed Heads South, NSW 2486
$530,000Shop 6, 1 Machinery Drive,Tweed Heads South, NSW 2486
By Negotiation10&11/100 Griffith Street,Coolangatta, QLD 4225