New 10 Year Lease to United Petroleum – High Yield Anticipated

+ Long established service station operation
+ An affordable investment starter opportunity
+ Brand new 10 + 5 + 5 year lease from 1 October 2019 to 30 September 2039
+ Annual CPI plus market rent reviews
+ Highly visible 880 sqm corner site with 300 sqm building
+ Strategic position main gateway to Burnie’s industrial and commercial precinct with important Bass Highway exposure
+ Environmental Protection Authority Certificate of Compliance issued
+ New high flow diesel installation lines & pumps recently installed at United Petroleum’s expense plus recent building maintenance upgrade of $60,000 approx. plus building maintenance upgrade costing $32,820
+ Close to Bunnings and within emerging popular restaurant locale with sea views
+ Burnie: Major regional centre: Tasmania’s busiest sea port, education hub, essential health services & growing tourist/cruise ship destination plus agriculture and forestry, trade catchment circa 50,000
+ Net Income: $53,668 pa + GST

For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne