National Tenant: Trophy Fuel Investment

2 Cnr Bungendore Rd & High St,Queanbeyan NSW 2620

$6,850,000

RetailSize: n/a
New 10 year lease to November 2027, plus options to 2047.
100% fully leased to Viva Energy: Exclusive Australian Shell licensee with a network of 850+ outlets.
Brand new service station operating 24 hours per day, with Coles Express convenience store, large 4.7m high canopy, 4 bowser islands, double skin fibreglass tanks and the latest fuel delivery technology.
Highly visible and strategic location at entrance to Queanbeyan's CBD from Kings Highway, ideally located next to KFC, McDonald's, Hungry Jack's and major shopping centre with Coles, Target and Kmart.
Prominent 2,394 sqm corner site with high exposure and extensive 120m of combined frontage, with entry and exit on both streets.
Queanbeyan: high residential and commercial growth region with 57,331 people (ABS), and adjacent to Canberra (400,000+ people).
Easily managed single tenant investment, plus tenant pays rent quarterly in advance.
Tenant pays all usual outgoings, as per lease.
Attractive and strong depreciation benefits of a new build completed late 2017.
Net Income: $380,000 pa + GST
Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Map

2 Cnr Bungendore Rd & High St, Queanbeyan NSW 2620

Allhomes static map

Key Details

Property Type:Retail
Block Size:2394 (approx)
Stamp Duty:$396,015

Queanbeyan Suburb Information

 
 
Average Age
39 years
Population
5,783
Queanbeyan Profile
Queanbeyan Occupancy

What's Nearby

Queanbeyan Public School, QueanbeyanPrimary School
0.6km
Queanbeyan High School, QueanbeyanHigh School
0.8km
Queanbeyan District Hospital & Health ServiceHospital
0.5km
Riverside PlazaMajor Shopping Centre
0.4km
Australian National UniversityUniversity
13.1km
Narrabundah CollegeCollege
7.8km
Queanbeyan Post OfficePost Office
0.3km

Contact agents

Burgess Rawson Canberra

Licensed Agent & REIACT Member
View agency detailsMitchell FrailBurgess Rawson Canberra
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This listing has been viewed 567 times. It was first displayed on 23/01/17 and last updated on 13/12/17.