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19-23 Gaskill Street Canowindra, NSW 2804

Sold for $3,225,000 on 23 Jul 2025Floorplan
  • Building: 150m²
  • Land: 2,462m²
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Retail in Canowindra

Single Tenant Investment - Long 55 year lease - Set and definitely forget

  • Building: 150m²
  • Land: 2,462m²

The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.

Key Investment Features
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  • Constructed in 2023
  • Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income
  • Ultra Petroleum has 14 locations
  • 100% of outgoing / operational costs are recovered from Ultra Petroleum
  • No statutory cost escalations to eat into your investment return.
  • Very long initial-term 25-year lease with options extending through to 2078.
  • Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties
  • Strongly trading tenant who has a massive local fuel business

To be sold with an asking price of $3.45 million

Please contact Stephen Kidd below for further details. 0413 550 474

Building:

150m²

Land:

2,462m² / 0.61 acres

Zone:

Local Centre

Tenancy:

Tenanted

Categories:

Retail, Industrial/Warehouse

19-23 Gaskill Street, Canowindra, NSW 2804