BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Entry Level Convivence Retail Investment | Highly Sought After 24-hour Self-Serve Service Station\nCBRE together with Howell Property G roup are pleased to offer to the market the 24-hour self-serve Shell Serv ice Centre in West Launceston TAS for sale via our Investment Portfolio A uction 184. \n\nThis opportunity has the following key inves tment highlights:\n\n+ Ten (10) year double net lease to 2030 plus One (1 ) further Ten (1) year options through to 2040.\n+ Roo Petroleum: Establi shed operator with a growing national footprint with 8 sites across Tasma nia\, Victoria\, and New South Wales\, plus 3 new sites in development wi thin 24 months.\n+ Highly sought after 24-hour self-serve service station .\n+ Landlord-favourable\, double net lease terms with tenant responsible for all outgoings including rates\, building insurance\, public liabilit y insurances and single holding land tax. \n+ Attractive fixed 3.5% annua l rent increases\, ensuring compounding rental growth.\n+ West Launceston Automotive: Expert servicing & repairs for all makes and models\, with a specialisation in European vehicles and 30 years of industry experience. \n+ Important: New Fiberglass tanks and fuel lines installed in 2012\n+ S ignificant high-profile 1\,865sqm* corner site with 83m* of street fronta ge to Cambridge and Vaux Streets. \n+ Surrounded by important social inf rastructure\, including the University of Tasmania\, TasTAFE\, the Austra lian Maritime College and 11 schools within 3km servicing over 5\,113 ful l time students. **\n+ Launceston: the major administrative and commercia l centre of Northern Tasmania\, with a trade catchment exceeding 110\,000 .\n+ Net Income: $148\,104pa* + GST\n\nFor Sale via Investment Portfolio Auction\n10:30 am AEST Wednesday 13 May 2026\nGarden Room\, Melbourne Cro wn Casino\, VIC\n\n*Approximately \n**Premier.tas.gov.au DTEND:20260513T113000 DTSTAMP:20260415T080028Z DTSTART:20260513T103000 LOCATION:Crown Casino - Garden Room - Melbourne SEQUENCE:0 SUMMARY:Auction: 167-169 Cambridge Street\, West Launceston TAS UID:CRE-2020763455-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Entry Level Convivence Retail Inves tment | Highly Sought After 24-hour Self-Serve Service Station
CBRE together with Howell Property Group are pleased to offer to the market t he 24-hour self-serve Shell Service Centre in West Launceston TAS for sal e via our Investment Portfolio Auction 184.

Th is opportunity has the following key investment highlights:

+ Ten (10) year double net lease to 2030 plus One (1) further Ten (1) yea r options through to 2040.
+ Roo Petroleum: Established operator wi th a growing national footprint with 8 sites across Tasmania\, Victoria\, and New South Wales\, plus 3 new sites in development within 24 months.
+ Highly sought after 24-hour self-serve service station.
+ L andlord-favourable\, double net lease terms with tenant responsible for a ll outgoings including rates\, building insurance\, public liability insu rances and single holding land tax.
+ Attractive fixed 3.5% annual rent increases\, ensuring compounding rental growth.
+ West Launce ston Automotive: Expert servicing & repairs for all makes and models\, wi th a specialisation in European vehicles and 30 years of industry experie nce.
+ Important: New Fiberglass tanks and fuel lines installed in 2012
+ Significant high-profile 1\,865sqm* corner site with 83m* of street frontage to Cambridge and Vaux Streets.
+ Surrounded by i mportant social infrastructure\, including the University of Tasmania\, T asTAFE\, the Australian Maritime College and 11 schools within 3km servic ing over 5\,113 full time students. **
+ Launceston: the major admi nistrative and commercial centre of Northern Tasmania\, with a trade catc hment exceeding 110\,000.
+ Net Income: $148\,104pa* + GST
< br/> For Sale via Investment Portfolio Auction
10:30 am AEST Wednes day 13 May 2026
Garden Room\, Melbourne Crown Casino\, VIC
< br/> *Approximately
**Premier.tas.gov.au

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