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Retail in Canowindra
Single Tenant Investment - Long 55 year lease - Set and definitely forget
- Building: 150m²
- Land: 2,462m²
Additional Information:
FloorplanThe 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
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