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Landmark Tasmanian Service Station Investment

2 Rosny Hill Road , Bellerive TAS

Property Highlights

Brand new 20 year lease
Rare triple net lease
Fixed 3.5% annual increases

Description

Brand new 20 year lease to 2036 plus options to 2056
United Petroleum: The largest independent fuel retailer in Australia
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with attractive 3.5% increases annually
Strategic site within major shopping precinct including Vicinity owned
Eastlands Shopping Centre: Tasmania’s largest shopping centre with over 90 stores under one roof, cinemas and 1,400 car parking spaces
High exposure 2,891 sqm corner site with extensive 78 metre frontage
Modern convenience store with large canopy – major refurbishment in2013 including brand new fibreglass tanks
Hobart: major city of over 200,000 people and experiencing revitalisation via numerous major projects under construction
Rent: $220,000 pa

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,891 SQM
Building Area
220 SQM

Price

Price on Request

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