Strategic Service Station Investment – Thriving North-East Tasmania Location
16 Cecilia Street , St Helens TAS
Property Highlights
Description
New 15 year lease to 2031 plus options to 2051
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with 3.5% annual rent increases
Strategic town centre corner site of 2,024 sqm opposite recently refurbished, IGA anchored Shopping Centre
Site upgraded 2015 comprising convenience store, attached canopy, four double bowser islands, on-site parking and tanks
St Helens: Tasmania’s largest north east coastal town 165km from Launceston with significant recent tourism growth (45% growth in 12 months to December 2015)
United Petroleum: The largest independent fuel retailer in Australia
Rent: $190,000 pa
Property Details