Description
High Profile Fuel Investment with Upside – Australia's Largest Fuel Network
Retail Sold - Gladstone Central QLD
+ Long term secure 15 year lease to Ampol to 2032 + options to 2052
+ Significant income upside opportunity via leasing of drive-thru tenancy – Potential for a further $100,000+ pa of income
+ Ampol Ltd (Formerly Caltex Australia): ASX Listed, a Market Cap of $7.7 Billion. Blue-Chip fuel provider with over 1,900 sites across the country
+ Huge income tax saving depreciation benefits, potential for 55% ($300,400) of first years income being tax free
+ Lessee pays all usual outgoings including management fees (excluding land tax)
+ Rarely recoverable management fees – saving investors $11,340 pa on their net income position
+ Enormous 2.1Ha freehold site – 250 metre frontage to Bruce Highway, major QLD thoroughfare connecting Queensland’s East Coast to Brisbane
+ Perfect location for a full line truck stop service station with nearly 25% of all passing traffic being heavy vehicles
+ Gladstone Region: Experiencing significant population growth, forecast to grow by nearly 20% from 63,000 to 75,000 by 2041. Gladstone is home to Queensland’s largest multi commodity shipping port, driving local economic growth
+ Net Income: $526,256 pa + GST
To be sold by Burgess Rawson Investment Portfolio Auction
11.00am (AEDT), Wednesday 24 February 2021
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property Features
- Retail
- Land is 21,000 m²
- Floor Area is 751 m²
Commercial Features
Highlight 1
Blue-Chip Tenant -ASX Listed Ampol Ltd
Highlight 2
Near New 15 Year Lease to 2032 + Opts
Highlight 3
Huge Tax Saving Depreciation Benefits
