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16 PROPERTIES

Central Queensland Service Station Portfolio

Various Locations Across Central Queensland

Overview

Under instructions from Mr Frank O’Neill of SV Partners as Joint Receivers and Managers of The Property Fund Pty Ltd ATF TPF Industrial Fund No. 1 presents this exceptional opportunity to purchase a portfolio of 14 operating service station sites, with two providing additional development land, as a purchase in one line. For Sale via Public Tender Closing AEST 1700 on Tuesday 10 May 2022.

The service stations provide fuel and convenience operations, with truck stops, depots and retail sites part of the overall mix. These properties are strategically located within the primary road network linking the coast to the coal fields and agricultural sector. The portfolio encompasses prominent locations which are the backbone and economic engine room of central and western Queensland, from coastal tourism locations to the resilient sugar industry, the beef capital of Australia and supercharged coal fields.

It is a rare offering to secure strategically located properties leased to one tenant (Chevron) with attractive income and substantial WALE (approximately 8.9 years). In addition, there is significant value adding potential with the provision of additional development opportunities through adjoining encompassed land along with the ability to boost annual income with the introduction of solar power.

This is an outstanding singular opportunity to purchase an inline holding with a diverse spread, providing a current income of approximately $2.89 million.

Property types on offer:

  • Industrial
    Industrial
  • Retail
    Retail
  • Other
    Other
  • Land
    Land

Exclusive Agencies

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