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5 Casino Road
Junction Hill NSW 2460
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Sold on 19 Feb 2024

5 Casino Road Junction Hill NSW 2460

  • Shop & Retail
  • 1 m²
  • Sold

High Circa 9% Yielding BP Branded Freehold

    Burgess Rawson and Commercial Collective are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill (Grafton) NSW for sale via Private Treaty.

    The property has the following key investment highlights:

    + BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling
    + Proven tenant with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW
    + 10 year net lease plus three (3) further five (5) year options to 2042
    + Tenant responsible for outgoings including council rates, water rates and insurance as per lease
    + Attractive fixed 3% annual rent increases, ensuring income growth
    + Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare
    + Junction Hill: important inland route 7 minutes north of Grafton
    + Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041^
    + Easily managed single tenant investment
    + Net Income: $197,077 pa* + GST ($202,989 pa + GST from 20 Dec 2023)

    For Sale via Private Treaty.
    Price Guide: $2,075,000

    Please contact the exclusively appointed sales team for more information.

    *Approx ^https://forecast.id.com.au/clarence-valley

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold19 Feb 2024
    Floor Area1 m²
    Land Area1,248 m²
    ParkingAsk Agent
    Property ID2018624175
    Category
    Last updated  1 Mar 2024
    Map for 5 Casino Road Junction Hill NSW 2460

    Nearest transport* to 5 Casino Road Junction Hill NSW 2460

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold19 Feb 2024
    Floor Area1 m²
    Land Area1,248 m²
    ParkingAsk Agent
    Property ID2018624175
    Category
    Last updated  1 Mar 2024

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Jacob Siever
    Burgess Rawson Sydney
    Call
    0481 553 762
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191

    More about 5 Casino Road Junction Hill NSW 2460

    5 Casino Road Junction Hill NSW 2460 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,248 m². The listing ID for this property is 2018624175.

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