- 10 year lease to 2023 with options to 2033
- Leased to Caltex Australia Petroleum â?? ASX listed fuel supplier
- Near new improvements constructed in 2013 providing a modern, purpose built service station with the latest fuel delivery technology
- All usual outgoings recoverable from the tenant (excluding land tax)
- North Lakes: Premier, award winning Stockland master planned residential retail + commercial community 28kms north of Brisbane CBD with trade population of 360,000 people
- Site area of 2,577 sqm, easy access off freeway
- Immediately adjoining a strong trading KFC drive thru, Gloria Jeans and Beefy's Pies
- Seamless integration with major retailers and adjacent to Westfield North Lakes, Coles, Woolworths and IKEA superstore
- Substantial taxation saving depreciation benefits
- Net Income: $431,873 pa (Rent paid annually in advance)
Auction 11am Wednesday 14 September 2016
Crown Conference Centre, 25 Whiteman Street
Southbank Melbourne, Opposite Crown Towers