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CBRE - Cairns
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59408 Bruce Highway Tully, QLD 4854

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59408 Bruce Highway Tully, QLD 4854

Shop & Retail • Warehouse, Factory & Industrial
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Floor area

580.0m²

Tenure type

Tenanted Investment

Sold on

24 May 2019

MOBIL TULLY ROADHOUSE

  • HIGHWAY EXPOSURE
  • 10 YEAR LEASE
  • 8% NET RETURN
+ ADDRESS: 59408 Bruce Highway, Corner Pratt Street, Tully
+ RPD: Lot 481 on Crown Plan CWL1694 CTR 50823734
+ LAND AREA: 4,039m²
+ FRONTAGE TO HIGHWAY: 54m Approx.

+ IMPROVEMENTS:
Shop Area Approx. 196m²
Store/Amenities 46m²
Canopy Area 264m²
Eatery Awning 74m²
580m² - Under Roof
LESSEE: Trinity Petroleum Services Pty Ltd Regional Mobil Distributor Indemitsu Kosan Ltd T/A Freedom Fuels (Japan’s Second largest oil refiner)

+ LEASE TERMS: 10 YEARS + 5 + 5 + 5
+ COMMENCEMENT OF LEASE: 01/10/2017
+ RENTAL: $167,962.20 + GST + All Outgoings
+ OUTGOINGS PAYABLE BY LESSEE:
- Council Rates
- All property and public liability insurances
- Garden care/rubbish removal/all cleaning
- Service and maintenance of air-conditioning and fire services
- Maintenance on a day to day basic to electrical, plumbing, doors etc.
+ RENT REVIEW: CPI annually

+ CURRENT VOLUME: Approx. 4.5M litres (last known)
+ EQUIPMENT: (included in Sale) Tanks – replaced in 2006 with all new fibreglass tanks with double lined piping
1 x 27,550 ULP
1 x 23,750 E10
1 x 27,550 Diesel
1 x 23,705 PULP

Property ID: 503119238Last Updated: 3 Jun 2019

0418 *** ***
CBRE - Cairns
59408 Bruce Highway
Tully, QLD 4854
Danny Betros

CBRE - Cairns

1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870

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CBRE - Cairns

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CBRE - Cairns

1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870
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Danny Betros

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Danny Betros
CBRE - Cairns
59408 Bruce Highway Tully, QLD 4854

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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