Impressive Fuel and Fast Food Investment – Adjacent McDonalds

29 Glenlyon Street, Gladstone Central QLD

Property Highlights

Brand New 15 Year net lease to 2035
Fixed 3% Annual Rent Increases
Prime location next to McDonalds

Description

Brand New 15 year net lease to 2035 plus options to 2055
United Petroleum currently operate over 450 sites throughout Australia combining their fuel/convenience offering with Pie Face stores
Guaranteed rental growth – fixed compounding 3% rent increases
Tenant pays all outgoings as per lease
Freestanding fuel and fast food investment seamlessly integrated with established McDonalds Restaurant
High profile gateway position on major highway leading to Gladstone CBD and the important Ports Access Road
Impressive 3900m2 site with 58 m of frontage
Modern 385sqm convenience store with Drive-Thru facility
Attached 450sqm canopy covering four pump islands
Brand new improvement providing significant depreciation benefits
Gladstone: Major far north Queensland city with a population of 63,000+
Net Income : $314,300 pa +GST

Investment Portfolio Auction
11am AEDT
Tuesday 27 October

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
3,900 SQM
Building Area
385 SQM

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