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 187 191
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Tenterfield, NSW

159 Rouse Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 159

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