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59408 Bruce Highway
Tully QLD 4854
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Sold on 5 Apr 2019

59408 Bruce Highway Tully QLD 4854

  • Shop & Retail
  • Sold

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

CBRE Pty Ltd
CBRE Pty Ltd
Level 1/20 Lake St
Cairns City, QLD 4870

Property Highlights

Date Sold5 Apr 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014986805
Category
Last updated  27 May 2019
Map for 59408 Bruce Highway Tully QLD 4854
CBRE Pty Ltd
CBRE Pty Ltd
Level 1/20 Lake St
Cairns City, QLD 4870

Property Highlights

Date Sold5 Apr 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014986805
Category
Last updated  27 May 2019

Listed by

Danny Betros
Danny Betros
CBRE Pty Ltd
Call
0418 772 049

More about 59408 Bruce Highway Tully QLD 4854

59408 Bruce Highway Tully QLD 4854 is categorized as Shop & Retail Property. The listing ID for this property is 2014986805.

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