SOLD
SOLD
SOLD
SOLD

Strategic Highway Roadhouse Investment

8 University Drive , Townsville City QLD

Property Highlights

Secure 10 Yr Lease
Gateway position
High population growth

Description

Gateway position in rapidly growing Townsville
Population forecast to soar by nearly 50% to 2041
Near Shopping Centre, Bunnings, Army Base & University

Recent 10 year net lease from 2019
Two further 5 year options to 2039
Strong trading Caltex branded service station operating 24 hours, 7 days a week
Large 1,738 sqm landholding with wide highway frontage
Substantial improvements including large canopy & convenience store
Fixed 3% annual increases

Net Income
$192,000 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,738 SQM
Building Area
1 SQM

Price

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