Stonebridge, in conjunction with CBRE, is pleased to present 'Ampol Pearl Mackay' for sale via Expressions of Interest Closing Thursday 17 October at 3pm (AEDT).
The asset has the following key investment features:
Secure 15 year net lease to 2038 + options to 2058 with guaranteed income growth of CPI + 0.5%
Ampol (Pearl Energy) Established, premium fuel and convenience retailer rapidly expanding with 124+ locations nationally
Dominant 3,645 sqm* corner site with 70 metres* direct frontage to the Bruce Highway (11.2m+ vehicles annually) plus recent $150m* in upgrade works
Strong performing Bruce Highway service centre strategically positioned to facilitate significant highway trucking demand
Brand new improvements built in 2022 providing excellent depreciation benefits
Well configured truck stop development with 10 on site car parks and important heavy vehicle/truck manoeuvrability lane
Mackay Thriving regional centre possessing a diverse $22.3 Billion* economy and home to 125,000+ residents, forecast to grow 28% by 2041*
Net lease Tenant pays all usual outgoings as per lease
Net Income $353,600 pa* + GST
'Ampol Pearl Mackay' is for sale via Expressions of Interest Closing Thursday 17 October at 3pm (AEDT).
Please contact the exclusively appointed CBRE and Stonebridge property professionals for more information.
*Approximately