Burgess Rawson is pleased to offer to the market the brand new Ultra Petroleum located at 19-23 Gaskill Street, Canowindra (Central West) NSW, for sale via Private Treaty.
This investment has the following key investment highlights:
+ Brand new 25 year net lease to 2048 plus options through to 2078
+ Ultra Petroleum: premium, strong performing independent fuel & convenience retail operating 11 locations across NSW
+ Significant 2,462sqm* freehold landholding on Canowindra's main street
+ Brand new modern purpose built convenience retail facility built in 2023 offering maximum depreciation benefits
+ Net lease structure: tenant is responsible for all outgoings including land tax, rates, insurances and management.
+ Attractive greater of CPI or 3% annual rent reviews, guaranteeing strong rental growth over the entirety of the term
+ Canowindra: Central West Region with diverse economy, population is set to increase to 325,000 individuals by 2041
+ Net Income: $208,858 pa* + GST
To be sold via Private Treaty
Please contact the exclusively appointed sales team for more information