11 YEAR LEASE to UNITED PETROLEUM PLUS OPTIONS For Sale by Offer to Purchase closing Wednesday 12 October 2016 at 3pm
•Leased to Australia's largest Independent Fuel Retailer
•Lease expires August 2027 plus options to 2039
•Growth location with main road exposure
•Net Rental approx $130,000 pa
•Market Review pending
•Site area 2,030sqm zoned "Commercial"
•Traffic flow increasing due to new estates nearby
•Limited competition, strong established catchment
GROUND BREAKING - LONG GROUND LEASES TO NATIONAL TENANTS CBRE is delighted to present for sale this premier retail investment opportunity incorporating 4 ground leases to national tenants for long 10-15 year lease terms with further options.
We highlight the following positive attributes of this outstanding and rare investment opportunity:
- Brand new long 10-15 year ground leases with further options - Securely leased to 4 national tenancies - Net income of $283,000pa with further rental upside on vacancy - Strong fixed rental reviews - Low default risk with ground leases - Prime 6,001sqm* corner site with underlying land value
Priced to sell: Offce/ retail unit This office would be suitable for retail, administration or as a training facility. Whatever your needs are this commercial unit might be just what you have been looking for.
Part of a 9 unit complex, this gabled roofed unit has it's own kitchenette, internal toilet, air-conditioning and a mezzanine area. The unit has easy access parking and is also well located in the busy commercial Dixon Road prescient East Rockingham.
*48smq internal area
*Council Rates $1327 per annum
*Water Rates $960 per annum
*Strata Levies $832 per annum
**Please note th...