1786 Sandgate Road Virginia QLD 4014

United Petroleum Virginia

Brand new 20 year lease expiring 2036 with 3.50% fixed annual rent reviews
Triple Net lease structure with United Petroleum responsible for all outgoings (including Land Tax on a single holding basis)
Outstanding location on the outbound lane of Sandgate road, with exposure to over 63,000 passing cars per day
Built new in 2015, the property features modern fuel delivery and storage equipment and provides substantial depreciation benefits
Ideally located in Virginia, a thriving residential and commercial hub only 10km North of the Brisbane CBD
United Petroleum- Australia’s largest independent fuel retailer, with over 370 sites nationwide
Net income of $350,000 per annum as at 30 June 2017