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Sold on 24 May 2019

59408 Bruce Highway Tully QLD 4854

  • Retail
  • Floor Size580 m²
  • PriceSold

MOBIL TULLY ROADHOUSE

  • HIGHWAY EXPOSURE
  • 10 YEAR LEASE
  • 8% NET RETURN

+ ADDRESS: 59408 Bruce Highway, Corner Pratt Street, Tully
+ RPD: Lot 481 on Crown Plan CWL1694 CTR 50823734
+ LAND AREA: 4,039m²
+ FRONTAGE TO HIGHWAY: 54m Approx.

+ IMPROVEMENTS:
Shop Area Approx. 196m²
Store/Amenities 46m²
Canopy Area 264m²
Eatery Awning 74m²
580m² - Under Roof
LESSEE: Trinity Petroleum Services Pty Ltd Regional Mobil Distributor Indemitsu Kosan Ltd T/A Freedom Fuels (Japans Second largest oil refiner)

+ LEASE TERMS: 10 YEARS + 5 + 5 + 5
+ COMMENCEMENT OF LEASE: 01/10/2017
+ RENTAL: $167,962.20 + GST + All Outgoings
+ OUTGOINGS PAYABLE BY LESSEE:
- Council Rates
- All property and public liability insurances
- Garden care/rubbish removal/all cleaning
- Service and maintenance of air-conditioning and fire services
- Maintenance on a day to day basic to electrical, plumbing, doors etc.
+ RENT REVIEW: CPI annually

+ CURRENT VOLUME: Approx. 4.5M litres (last known)
+ EQUIPMENT: (included in Sale) Tanks replaced in 2006 with all new fibreglass tanks with double lined piping
1 x 27,550 ULP
1 x 23,750 E10
1 x 27,550 Diesel
1 x 23,705 PULP

Property Highlights

Property ID2014986805
Date Sold24 May 2019
Floor Area580 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  9 Apr 2019
Map for 59408 Bruce Highway Tully QLD 4854
CBRE Pty Ltd
Level 1 20 Lake Street Cairns City QLD 4870

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