2 High Street Queanbeyan, NSW 2620
09 May 2018
Brand New Service Station Leased to National Tenant
- Significant Depreciation Benefits
- High Profile Site
- State-Of-the-Art Investment
Brand new 10 year lease to 2027 + options to 2047.
Fully leased to national tenant, Viva Energy (parent company of Shell).
Shell Coles Express branded service station, convenience store and large fuel canopy, with 24 hour operation and service approval.
Prominent 2,393 sqm corner site with high exposure with dual street frontage totalling 118m to Queanbeyan’s main arterial road (est. 20,000 vehicles passing daily).
Queanbeyan: strong and growing population of 57,331, forecast to increase 37% to 78,756 by 2036 (forecast.id)
Strategic commercial location close to McDonald’s, KFC, Hungry Jack’s, Red Rooster and Coles anchored shopping centre.
Tenant pays outgoings Ex insurance, plus has environmental responsibilities.
Rent is paid quarterly in advance.
Extra $1,000,000+ spent on fully covered canopy and future proof measures.
Easily managed single tenant investment.
Current Income: $390,000 pa + GST.
*Agent declares interest.
Property ID: 502784426Last Updated: 17 Jul 2018