High Yielding – 11 Year Lease Plus Options to 2051
134-136 Blackstone Road , Silkstone QLD
Property Highlights
New tanks with 30 yr guarantee
Tenants pay outgoings & land tax
Fixed 3% annual rent increases
Description
+ Prime exposure on major arterial road
+ Long standing tenant operating over 20 years
+ Metco lease commenced 1 July 2020 expiring 30 September 2031 with 4 x 5 year options
+ Fuel plus mechanical workshop & convenience store
+ High profile 1,029m2 corner site
+ Fully refurbished with new fibreglass lined tanks & 30 year guarantee
+ Fixed 3% annual rent increases
+ Tenants pay 100% of outgoings as per the leases including land tax
+ Ipswich 30 mins to Brisbane CBD with population of 190,125 increasing to 520,000 in the next 24 years
+ Net Income $292,077 pa plus GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 31 March 2022
The Hilton Brisbane
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,029 SQM
Building Area
211 SQM