High Yielding Fuel + Mechanical Investment
High Yielding Fuel + Mechanical Investment
Description
New fuel tanks with 30 year guarantee
Fixed 3% annual rent increases
Net income $292,077*pa + GST
- Prime exposure on major arterial road
- Long standing tenant operating over 20 years
- Metco lease commenced 1 July 2020 expiring 30 September 2031
- Additional 4 x 5 year options to 2051
- Fuel plus mechanical workshop and convenience store
- High profile 1,029*sqm corner site
- Fully refurbished with new fibreglass lined tanks with 30 year guarantee
- Tenants pay 100% of outgoings as per the leases
- Ipswich 30 mins to Brisbane CBD with population of 190,125* increasing to 520,000* in the next 24 years
*Approximate
Address
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Address: 134-138 Blackstone Road, Silkstone (Ipswich) QLD
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State/county: Queensland
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Zip/Postal Code: 4304
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Area: Brisbane Region
Details
Updated on September 4, 2023 at 3:13 am-
Property ID CECI-3120
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Property Type Service Centre
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Property Status Sold
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
