High Yielding AMPOL Truck Stop | Important Freight & Transport Epicentre
Description
Burgess Rawson is pleased to offer to the market this high yielding Ampol truck stop at 47 Plain Street, Tamworth (Taminda) NSW for sale via our Investment Auction Portfolio 172.
This opportunity has the following key investment highlights:
+ Renewed lease to 2029 plus options through to 2039
+ Ampol (ASX: ALD): ASX top 100 listed company with over 1,800 sites and market cap of $6.72 billion**
+ Attractive annual rent reviews, greater of fixed 3% or CPI, providing strong long term rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax as per lease
+ Landmark 4,983sqm* freehold corner site boasting dual street frontage to Edward Street & Plain Street
+ Ideally located diesel truck stop at the entrance to core industrial precinct
+ Located in close proximity to national freight and transport brands, including, FedEx, Tamex Transport, Toll, Statewide Freight Services, Careys Freight Lines, General Freight Express, and more
+ Tamworth: largest commercial centre in the Northwestern and New England Region supporting a catchment of circa 200,000 people^
+ Tamworth is strategically positioned at the nexus of the New England Highway and the Oxley Highway
+ Net Income: $332,393 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
**ASX: As of 1/10/2024
^www.aph.gov.au
Enquire
Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188Rhys Parker Partner
0451 101 042Flynn McFall Sales Executive
0481 187 191Enquiry Form
Tamworth, NSW
47 Plain Street
For Sale by Portfolio Auction
This property is part of Portfolio 172
Price: Contact Agent
Contact agents
-
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Rhys Parker Partner
0451 101 042 -
Flynn McFall Sales Executive
0481 187 191