Burgess Rawson is pleased to offer to the market this high yielding Ampol truck stop at 47 Plain Street, Tamworth (Taminda) NSW for sale via Private Treaty
This opportunity has the following key investment highlights:
+ Renewed lease to 2029 plus options through to 2039
+ Ampol (ASX: ALD): ASX top 100 listed company with over 1,800 sites and market cap of $6.72 billion**
+ Attractive annual rent reviews, greater of fixed 3% or CPI, providing strong long term rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax as per lease
+ Landmark 4,983sqm* freehold corner site boasting dual street frontage to Edward Street & Plain Street
+ Ideally located diesel truck stop at the entrance to core industrial precinct
+ Located in close proximity to national freight and transport brands, including, FedEx, Tamex Transport, Toll, Statewide Freight Services, Careys Freight Lines, General Freight Express, and more
+ Tamworth: largest commercial centre in the Northwestern and New England Region supporting a catchment of circa 200,000 people^
+ Tamworth is strategically positioned at the nexus of the New England Highway and the Oxley Highway
+ Net Income: $332,393 pa* + GST
To be sold via Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx
**ASX: As of 1/10/2024
^www.aph.gov.au