New Strong Lease. Terms favouring landlord in net income and fuel equipment responsibility. 100% Outgoings paid by tenant – even land tax!

Contract and lease available on request.

Asking: $3,100,000.00  – $3,300,000.00 Million Or nearest offers will be all considered.

Valued at just over the  7.5% – 8% Return on your investment – but with the 15 year initial lease term, net income, secure personal guarantor, tenant rental contribution to any future underground works and the positively landlord geared terms and conditions in the lease – make it so much more valuable.

Attached  ESA and tank line reports undertaken late 2024.

Rental: $240,000 Plus GST and 100% Outgoings Per Annum
Lease Term: 15 x 10 x 10 Years 
New Lease commenced October 2024
3.3% Plus GST Annual Increases
3 Months Rental Bond

Tenant pays all Outgoings
Tenant Responsible for ALL equipment and maintenance.

This is a great lease as it is net income for the landlord and secure tight as far as any cost to landlord for any future repairs.

Tenant pays 100% of all outgoings.
Plus there is no warranty for the landlord to fix or repair anything on site – roof or other structural that landlord is usually responsible for. It is a landlord positive lease. Please review Lease as part of your due diligence to confirm all terms and conditions.

Tenant is a personal guarantor and tenant responsible for all repairs.

Current Tenant is a multi site owner and owning and operating  several petrol station business  in Melbourne and QLD. Branded with new Caltex branding and signage.

So far the leases that I have secured for them or know of they pay on time and without issue. As of today.

This site was in massive demand by many in the industry, so no shortage of tenants either. Or owner/operators if you choose to sell freehold in the future.

Great location with heavy traffic flow.

For contract and lease documents please advise of interest and will email promptly.