National Tenant: Trophy Fuel Investment

2 cnr bungendore rd & high st, queanbeyan nsw

Price: $6,600,000

  • Leased to National Tenant
  • Significant Depreciation Benefits
  • High Profile Site

Property Details

New 10 year lease to November 2027, plus options to 2047.
100% fully leased to Viva Energy: Exclusive Australian Shell licensee with a network of 850+ outlets.
Brand new service station operating 24 hours per day, with Coles Express convenience store, large 4.7m high canopy, 4 bowser islands, double skin fibreglass tanks and the latest fuel delivery technology.
Highly visible and strategic location at entrance to Queanbeyan's CBD from Kings Highway, ideally located next to KFC, McDonald's, Hungry Jack's and major shopping centre with Coles, Target and Kmart.
Prominent 2,394 sqm corner site with high exposure and extensive 120m of combined frontage, with entry and exit on both streets.
Queanbeyan: high residential and commercial growth region with 57,331 people (ABS), and adjacent to Canberra (400,000+ people).
Easily managed single tenant investment, plus tenant pays rent quarterly in advance.
Tenant pays all usual outgoings, as per lease.
Attractive and strong depreciation benefits of a new build completed late 2017.
Net Income: $390,000 pa + GST

Featured Details

Gross Building Area 200 sqm
Land Size 2,394 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 6P0080

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Contact Details

Office Details

Unit 152, Level 1, 41 Eastlake Parade, Kingston ACT 2604

T 02 6152 9113 E

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