Investment Opportunity with Long term Tenant.
New 15 Year Lease PLUS
Modern Upgraged Petrol Station.
Triple Net Lease.
Terms favouring landlord with net income and tenant responsibility on all equipment for repair, maintenance.
Caltex Petrol Station and Convenience Store
Northern Highway Victoria
Land Size: 4,602 Square Metres
Rental Income :
- $240,000 Plus GST and 100% Outgoings Per Annum
Lease Term: 15 x 10 x 10 Year Options.
New Lease commenced October 2024
3.3% Plus GST Annual Increases
3 Months Rental Bond
Tenant pays all Outgoings
Tenant Responsible for ALL equipment and maintenance.
- ROI due to 15 year initial term plus further options.
- Net Rental Income,
- Secure guarantor and Terms positively geared for landlord
benefit.
Updated ESA and tank line reports undertaken late 2024 available.
This is a great lease as it is net income for the landlord and secure tight as far as any cost to landlord for any future repairs.
- Tenant pays 100% of all outgoings.
- Plus there is no warranty for the landlord to fix or repair anything on site roof or other structural that landlord is usually responsible for. It is a landlord positive lease.
Current Tenant is a multi site owner and owning and operating several petrol station business in Melbourne and QLD.
Great location with heavy traffic flow.
For more information on this great opportunity please contact Fay Medawar on 0400 565 668
