SOLD
SOLD
SOLD
SOLD
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SOLD

High Circa 9% Yielding BP Branded Freehold

5 Casino Road , Junction Hill NSW

Property Highlights

Established BP Service Station
10 Year Lease to 2027 + Options
Tenant Responsible for Outgoings
Register to Bid

Description

Burgess Rawson and Commercial Collective are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill (Grafton) NSW for sale via Private Treaty.

The property has the following key investment highlights:

+ BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling
+ Proven tenant with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW
+ 10 year net lease plus three (3) further five (5) year options to 2042
+ Tenant responsible for outgoings including council rates, water rates and insurance as per lease
+ Attractive fixed 3% annual rent increases, ensuring income growth
+ Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare
+ Junction Hill: important inland route 7 minutes north of Grafton
+ Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041^
+ Easily managed single tenant investment
+ Net Income: $197,077 pa* + GST ($202,989 pa + GST from 20 Dec 2023)

For Sale via Private Treaty.
Price Guide: $2,075,000

Please contact the exclusively appointed sales team for more information.

*Approx ^https://forecast.id.com.au/clarence-valley

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,248 SQM
Building Area
1 SQM

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