National Tenanted - United Petroleum Service Station For SALE!!

QCommercial Properties in conjunction with RE/MAX U is proud to present to the market a semi modern service station investment fully leased to national fuel retailer United Petroleum on a whole of land lease. There is an adjoining mechanical workshop that is subleased by United to Coalfields Tyre & Mechanical. This rare investment located in the Bowen Basin will be well sort after and would suit any astute investors' core asset portfolio.

- Net rent – $271,788* + GST
- Land area - 2,289m2 *
- Strategic corner location with 2 x street frontage
- United Petroleum Lease - Expiring 28 Jan 2025
- Options - 3 x 5 year
- Crown lease term 26/10/1996- 25/10/2046 (50 years)
- Annual reviews - CPI
- Tenant pays all outgoings except Crown Rent
- Bank Guarantee - $71,472.50
- Tenant responsible for any incremental contamination
- Close to schools, shopping centres, airport and hospital
- Rare opportunity to buy a Bowen Basin Service station investment
- EOI campaign closing 9th of December 2021 (4PM)

*Approximate

Please call exclusive marketing agent Deepen Khagram to obtain a copy of the information memorandum.