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Massive 3,740 sqm truck service station site, comprising convenience store, restaurant and long-haul driver facilities.
New 15 year lease until 2033 plus options to 2068.
Lease to rapidly expanding Westside Petroleum Holdings Pty Ltd with 50+ outlets across QLD, VIC, NSW – recent partnership with Caltex including Star Card program.
Strategic commercial location – only approved B-Double truck stop between Newcastle and Dubbo on major freight route will ensure high volumes of commercial vehicles.
Golden Highway approved for major Government funded upgrade.
State-of-the-art design allows three B-Doubles or road trains to fill at once.
Generous tax depreciation benefits.
Tenant pays majority of outgoings, as per lease.
Est. Net income: Yr 1 – $277,500, Yr 2 – $287,500, Yr 3 – $297,500 then 3% increase pa (Rent: $424,164 in 2032).