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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
Register to Bid

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 & Dā€™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

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