CIRCA 9% YIELD – 15 Year Lease + Options to 2038
8508 Brisbane Valley Highway, Harlin QLD
Property Highlights
Fixed 4% annual rent increases
Long lease to Caltex operator
15 Year Lease to 2033
Description
– 15 year lease to 2033 + 1 x 5 year option to 2038
– Long term lease to established Caltex operator
– Fixed 4% annual rent increases
– Land area: 2,024 sqm, over two separate titles, highway frontage
– Brisbane Valley Hwy. links the Warrego & D’Aquilar Hwys
– Harlin Roadhouse 1.5 hours approximately north-west of Brisbane
– Tenant pays all outgoings, as per the lease, including Land Tax and building insurance
– Tenant pays extra rent equal to 10% of future improvement costs
– Net Income: $129,792 pa + GST
OFFERS CIRCA 9% YIELD
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,024 SQM
Building Area
308 SQM
Price
CIRCA 9% YIELD