Key Road Train Truck Stop Gateway to the Port of Darwin
11 McCarthy Close , Wishart NT
Property Highlights
High yield ASX tenant investment
Minimum 3.5% pa rent increases
Net lease, tenant pays outgoings
Description
High yielding ASX tenant investment (ASX:ALD)
Modern 24 hour card access unmanned diesel truck stop
+ 10 year direct lease to Caltex to 2024 + options to 2034
+ Valuable 3,504 sqm landholding with 3 street frontages
+ Strategic location near oil & gas, marine and logistics industries
+ Close to Australian Army & US Marines base + Toll, Linfox & TNT
+ Guaranteed income growth, minimum 3.5% pa rent increases
+ Net lease, tenant pays outgoings, as per the lease
+ No land tax in the Northern Territory
+ Circa 7.5% Net Yield Anticipated
Net Income: $343,179 pa + GST
(October 2020)
Investment Portfolio Auction
11am AEST on Tuesday 15 September
Doltone House Hyde Park, Sydney, NSW
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
3,504 SQM
Building Area
1 SQM