Prime Tasmanian Fuel Investment – Built 2017

89 best street, devonport

Price on Request

  • New 15 Year Lease to 2032 + Options
  • Fixed Annual 3% Rent Increases
  • Built 2017 - Tax Depreciation Benefits

Property Details

Brand new 15 year lease to 2032 plus options to 2052
United Petroleum: The largest independent fuel retailer in Australia
Rare triple Net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with fixed 3% increases annually
Brand new improvements including convenience store, attached canopy with all new underground infrastructure including fibreglass tanks
Significant taxation saving depreciation benefits
Large 1,800 sqm corner site with combined street frontage of 85 metres
Prime location within 'Fourways' retail hub, opposite Devonport High School and 150m to Woolworths, Coles and Kmart Shopping Centre
Devonport: Important sea port city, home of 'Spirit of Tasmania' ferries
(480,000 passengers annually FY15/16) – trade catchment 35,000+
Rent: $200,000 pa

Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 137
Land Size 1,800 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001473

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

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