Trophy Woolworths Caltex service station investment.
Rare service station ground lease to Woolworths until March 2022 + options to 2042.
Busy service station with four bowsers and convenience store, servicing the population of Jerrabomberra and passing traffic from Queanbeyan and Googong.
Woolworths - blue chip ASX top 20 publicly listed company, now serving 28 million+ customers per week across 3,000 stores, employing more than 202,000 people across Australia and New Zealand.
Gateway to neighbourhood shopping centre, anchored by Woolworths and supporting retailers including Soul Pattinson Chemist, Anytime Fitness, Medical Centre and BWS.
Prominent 3,260 sqm corner site at the entrance to Jerrabomberra, an affluent suburb of Queanbeyan NSW and only 15 km to Canberra's CBD.
Queanbeyan is home to a strong and growing population of 57,331 people, expected to swell by over 37% to 78,756 by 2036 (ABS, Forecast.id)
Queanbeyan generates $2.36 billion in Gross Regional Product (Forecast.id).
Easily managed single tenant investment.
Net income: $71,628 pa + GST.