High Profile 24/7 Fuel and Convenience Investment

503-509 Kingston Road , Kingston QLD

Property Highlights

New 15 Year Net Lease
Tenant Pays Outgoings Inc. Land Tax
Massive 3,921sqm Brisbane Landholding
Register to Bid

Description

New 15 year lease to 2036 plus options until 2056
JIO Energy: highly experienced operator with 19+ locations plus 9 new sites in the pipeline
Valuable 12 month bank guarantee
Massive 3,921sqm Brisbane metro landholding
Thriving main road thoroughfare position with a huge 34,000+ vehicles passing daily
Important modern fuel infrastructure includes fibreglass tanks, new fuel lines and newly renovated improvements and tenant signage
Tenant responsible for outgoings, including land tax
Fixed 2.5% annual rent reviews
Net Income: $430,000 pa + GST

For Sale Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
3,921 SQM
Building Area
190 SQM

Price

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