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New 10 Year Lease to United Petroleum - High Yield Antici...

33 Main Road, WIVENHOE TAS, 7320

Sold

Property Sold in 33 Main Road, WIVENHOE TAS, 7320

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11369007
Status:
Sold
Price:
Price on request
Last Updated:
19/12/2019
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Other
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Land Area

880 SQM
Icon size

Floor Area

200 SQM
Icon parking

Parking

N/A

New 10 Year Lease to United Petroleum - High Yield Anticipated

+ Long established service station operation
+ An affordable investment starter opportunity
+ Brand new 10 + 5 + 5 year lease from 1 October 2019 to 30 September 2039
+ Annual CPI plus market rent reviews
+ Highly visible 880 sqm corner site with 300 sqm building
+ Strategic position main gateway to Burnie’s industrial and commercial precinct with important Bass Highway exposure
+ Environmental Protection Authority Certificate of Compliance issued
+ New high flow diesel installation lines & pumps recently installed at United Petroleum’s expense plus recent building maintenance upgrade of $60,000 approx. plus building maintenance upgrade costing $32,820
+ Close to Bunnings and within emerging popular restaurant locale with sea views
+ Burnie: Major regional centre: Tasmania’s busiest sea port, education hub, essential health services & growing tourist/cruise ship destination plus agriculture and forestry, trade catchment circa 50,000
+ Net Income: $53,668 pa + GST

For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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