Auction Location: Sydney Opera House Commercial Collective and Burgess Rawson are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill for sale. The investment has the following key investment highlights: - BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling - Experienced operator with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW - 10 year net lease plus three (3) further five (5) options to 2042 - Tenant responsible for outgoings including council rates, water rates and insurance as per lease - Attractive fixed 3% annual rent increases, ensuring income growth - Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare - Junction Hill: important inland route 7 minutes north of Grafton - Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041 - Easily managed single tenant investment - Net Income: $197,077 pa + GST ($202,989 pa + GST from 20 Dec 2023) Please contact the exclusively appointed sales team for more information. *Approximately
Email enquiry to Commercial Collective - NEWCASTLE
Property ID: 504756872