Metro Petrol Station. North Queensland

Great opportunity to purchase an Investment Opportunity. Modern Build. Long Secure Lease.
Head Lease with one of Australia’s Largest Independent Petrol Franchise and Major Fuel Company with a Triple AAA Credit Rating – Metro Fuel.
Metro Fuel  own and run over 200 Independent Service Stations, Wholesale Fuel and Growing Australia Wide.
And service over 40,000 Commercial and Retail Clients
Located in populated  Town in North QLD. With population over 8,300.

Sales are massive and growing after recent upgrade.
Secure Long Lease, New Fit Out and Modern Site 8% Return on Investment.
– Current Rent of  $18,540 Per Month Plus GST and Outgoings  – Or $222,480 Per Month Plus GST and Outgoings
– Head Lease Term – 10 Years x 5 x 5 x 5  x 5 – commencing March 2021 – 2051
(March 2021 Starting Rent of $216,000 Plus GST and Outgoings  – Rates and Water )
– Annual Increase of 3% per annum.
– Plus workshop available for lease between. $25,000 – $36,000 per annum. 

The vendor is happy to give a 2 year rental guarantee for the workshop section at $25,000 per annum whilst a long term tenant is been prospected.

Am happy to discuss this further with you or any other questions you may have.

Modern Site with recent Full Expansion and Installations.
Recent Upgrades and Installations – All new.
All New Lines and Brand New Underground Piping installed in November 2020. 

Plus Full Upgrade and Major Expansion of the Showroom. Converted and expanded Workshop into one big beautiful showroom with all new modern Fit Out – Floors, Walls,  Shelving, Cabinetry, Equipment, Coffee Machine, POS and more. 

All  Equipment Landlord Owned and Tenant  Responsible for Repairs and/or  Replace.

4 Tanks – Double Wall Fibreglass Installed 15 Years ago.
E10 25,00 Litres
ULP 15,000 Litres
DSL 30,000 Litres
PULP 15,000 Litres
ADBLUE – Above Ground 5,000 Litres