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The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.
Key Investment Features
____________________________
• Constructed in 2023
• Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income
• Ultra Petroleum has 14 locations
• 100% of outgoing / operational costs are recovered from Ultra Petroleum
• No statutory cost escalations to eat into your investment return.
• Very long initial-term 25-year lease with options extending through to 2078.
• Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties
• Strongly trading tenant who has a massive local fuel business
To be sold with an asking price of $3.45 million
Please contact Stephen Kidd below for further details. 0413 550 474
Remember to mention you found this property on CommercialReady
The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.
Key Investment Features
____________________________
• Constructed in 2023
• Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income
• Ultra Petroleum has 14 locations
• 100% of outgoing / operational costs are recovered from Ultra Petroleum
• No statutory cost escalations to eat into your investment return.
• Very long initial-term 25-year lease with options extending through to 2078.
• Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties
• Strongly trading tenant who has a massive local fuel business
To be sold with an asking price of $3.45 million
Please contact Stephen Kidd below for further details. 0413 550 474
Remember to mention you found this property on CommercialReady
19-23 Gaskill Street, Canowindra, NSW, 2804
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