274 Gnangara Road Landsdale WA presents an outstanding opportunity to acquire a brand new, securely leased long WALE service station investment with underdeveloped surplus land to the rear, currently leased to an international waste management company.
Superbly located on the prime roundabout corner on Gnangara Road and directly opposite Enterprise Park Estate, the property has exceptional exposure and dual street frontages, offering easy access for traffic travelling in both directions.
A brand new 15 year lease to Burk Fuel and secondary 5 year lease to the Veolia Waste Management, including strong fixed rent reviews will ensure consistent income growth year on year to investors over the long term.
This investment opportunity offers a brand new development with state of the art fuel infrastructure, secured by new long term leases and benefits from its outstanding location.
Other investment features include depreciation, bank guarantees and future development potential over the underdeveloped rear portion of the site.
Offered For Sale by way of "Offers Invited" closing 4pm AWST Wednesday 21 August 2024.