Affordable Fuel Investment | Net Lease – High 8% Yield
159 Rouse Street, Tenterfield NSW
Property Highlights
Description
Burgess Rawson is pleased to offer to the market, 159 Rouse St (New England Hwy), Tenterfield NSW for sale via Private Treaty.
The property has the following investment highlights:
+ 7-year net lease plus options until 2040
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ Important 1,566sqm* highway site in CBD opposite Henry Parkes Plaza (anchored by Coles & Service NSW)
+ Well established, thriving and profitable service station location.
+ Recent site upgrades include new fuel lines, browsers and signage
+ Tenterfield: strategic transport industry location on service freight corridor
+ Net Income: $131,161 pa* + GST
To be sold by Private Treaty.
Indicative Yield 8.5%
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property Details