Strategic Highway Roadhouse Investment
8 University Road , Wulguru 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
Contact Agent
Contact Agents