Affordable Fuel Investment | High 8% Yield
Description
CBRE is pleased to offer to the market, 159 Rouse St (New England Hwy), Tenterfield NSW for sale via Private Treaty.
The property has the following investment highlights:
+ 7-year net lease plus options until 2040
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ Important 1,566sqm* highway site in CBD opposite Henry Parkes Plaza (anchored by Coles & Service NSW)
+ Well established, thriving and profitable service station location.
+ Recent site upgrades include new fuel lines, browsers and signage
+ Tenterfield: strategic transport industry location on service freight corridor
+ Net Income: $131,161 pa* + GST
To be sold by Private Treaty.
Indicative Yield 8.5%
Please contact the exclusively appointed CBRE team for more information.
*approx.
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Contact agents
Kieran Bourke Senior Director
0417 418 007
Flynn McFall Negotiator
0481 187 191Enquiry Form
Tenterfield, NSW
159 Rouse Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 159
Contact agents
-
Kieran Bourke Senior Director
0417 418 007 -
Flynn McFall Negotiator
0481 187 191