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47-51 Pine Street Gympie QLD 4570

  • Shop & Retail
  • 3,051 m²
  • For Sale, For Sale by Expressions of Interest

Mobil Service Centre - Gympie

  • New Service Station Investment
  • Long Term Lease Security
  • Bruce Highway Frontage

Savills is pleased to present for sale the Mobil-branded Service Station leased by Fresh Trading Co on a long term 15-year Net Lease with options to 2056. The complex features a modern 396sqm* retail building with a 4-pump fuel canopy with 8 fuelling bays and parking for 13* vehicles.

Gympie is the hub of the Gympie-Cooloola Region, which is located between the Sunshine Coast and Hervey Bay, and is situated 145* radial kilometres north-west of the Brisbane CBD and 50* radial kilometres north-west of Noosa Heads.

The Mobil Service Centre occupies a high-profile, high exposure 3,051sqm* corner site on the eastern side of the Bruce Highway (M1) in Gympie's northern industrial commercial precinct and borders the city's northern residential district.

Key highlights include:

- New Service Station Investment - The Mobil Service Centre, Gympie is a modern, near new complex which opened in 2021

- Long Term Lease Security - The complex features an initial 15-year lease to 2036 plus options to 2056

- Net Lease Structure & Fixed Rent Increases - The Mobil Service Centre features an attractive Net Lease (tenant responsible for 100% of recoverable outgoings including land tax) and features fixed 3%p.a. annual rental increases

- Bruce Highway Frontage - The complex is situated on the Bruce Highway (M1) and appreciates excellent access and exposure to 17,000 vehicles per day (6 million vehicles annually) ¹

- Substantial Depreciation Tax Benefits - The new owner will benefit from valuable tax benefits via substantial building depreciation

- Population Growth - The Gympie Regional Council area has an established residential population of over 53,000* residents (2021) which is forecast to grow to over 60,000* residents by 2036 ²

¹ Source: TMR Traffic Census 2020
² Source: Gympie Regional Council & .id Community
*Approximate

For Sale by Expressions of Interest closing 3pm (QLD time) 7 July 2022

Property Highlights

Floor Area3,051 m²
Land Area396 m²
Parking13 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017859964
Category
Last updated  16 Jun 2022
Map for 47-51 Pine Street Gympie QLD 4570

Property Highlights

Floor Area3,051 m²
Land Area396 m²
Parking13 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017859964
Category
Last updated  16 Jun 2022
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000
Jon Tyson
Jon Tyson
Savills Brisbane
Michael Harcourt
Michael Harcourt
Savills Brisbane

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