Brand New Service Station Investment. Long Lease Until 2031 Plus 5 + 5 Year Options.
Brand new service station investment opened June 2016. Leased to 7 Eleven on 15 year lease expiring June 2031 plus options to 2041. Busy CBD location at the gateway to the Hunter Valley wineries. Surrounded by major retailers including Coles, Woolworth, ALDI, IGA, KFC & McDonald's. Tenant pays all outgoings excl. land tax, as per lease. Attractive annual rent increases of 4% pa. Only weeks old; full depreciation benefits available. Net Income: $305,000 pa + GST.