Service station Tenanted Investment property for sale in regional South Australia
Fortune Properties is proud to offer sale of a prime tenented investment opportunity at Lameroo regional SA!
Commanding an outstanding and high exposure corner landholding in a beautiful town of South Australia, this exceptional investment opportunity can be summarized by the following key attributes:
- + 4 year lease, plus options of 5+5+5 upto 2043, to a service station operation with leading Fuel Brand.
- Attractive net lease structure with the tenant paying all usual outgoings & annual Increases
- Annual rental increment as per CPI
- Current Rent: $72,000 plus GST and Outgoings which increases upto $96,000 + GST and outgoings from April 2025
- The property features a refitted service station, convenience store, Mechanical workshop, shed and Showroom with 3 offices
- 8.5% rental yield till March 2024 and post that 11.3% rental yield.
If you are looking for a good rental yield for your investment this opportunity is for you.
