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1-3 Empire Street, Paget, QLD, 4740

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1-3 Empire Street, Paget, QLD, 4740

Paget

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1-3 Empire Street, Paget, QLD, 4740

Paget

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1-3 Empire Street, Paget, QLD, 4740

1-3 Empire Street, Paget, QLD, 4740

Properties / Sold / Queensland / Paget
Tenanted Investment
Selling Method
Private Sale
Selling Details
$8,500,000
Land Area
6,267 m² (*approx)
Property Type
Retail
Sub-type
Service Station
Terms
Newly exercised 5-year lease (expiring 2029) with 3 x 5 year options
Est. Income
$640,000 p/a
Fully Leased
Ampol
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PRICED TO SELL | HIGH YIELDING 7.5% BLUECHIP INVESTMENT | Corporate Lease to ASX Listed Ampol
  • Strong Net Income of $640,000* p.a.
  • Brand new 5 year option (expiring 2029)
  • Over 175,000+ Cars Passing Weekly

Highlights of the opportunity include:

• Corporate lease to one of the largest fuel operators, Ampol Petroleum with over 1,800 locations throughout Australia.

• Total net income of $640,000* per annum.

• Newly exercised 5-year lease (expiring 2029) with 3 x 5 year options.

• Stable and predictable income growth of the greater of CPI or 3%.

• Commanding 6,267sqm* lot with significant long term value add potential.

• Direct exposure to Bruce Highway with over 175,000* cars per week.

• Whole-of-land lease where the tenants pay for all outgoings including land tax.

• Located only 4.5km* southwest of the Mackay City Centre.

For further information, contact the exclusive marketing agents at Colliers today.

For Sale via auction on Wednesday 30th of October 2024 at 11am (AEST) in rooms at Colliers, Level 30, 111 Eagle Street, Brisbane.

* Approximate. Image locations and outlines are approximate and indicative only.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Retail
Sub-type
Service Station
Est. Income
$640,000 p/a
Tenant
Ampol
Terms
Newly exercised 5-year lease (expiring 2029) with 3 x 5 year options
Land Area
6,267 m² (*approx)
Selling Method
Private Sale
Auction Date
30 Oct 2024 11:00AM
Selling Details
$8,500,000

Investment Highlights

PRICED TO SELL | HIGH YIELDING 7.5% BLUECHIP INVESTMENT | Corporate Lease to ASX Listed Ampol
  • Strong Net Income of $640,000* p.a.
  • Brand new 5 year option (expiring 2029)
  • Over 175,000+ Cars Passing Weekly

Highlights of the opportunity include:

• Corporate lease to one of the largest fuel operators, Ampol Petroleum with over 1,800 locations throughout Australia.

• Total net income of $640,000* per annum.

• Newly exercised 5-year lease (expiring 2029) with 3 x 5 year options.

• Stable and predictable income growth of the greater of CPI or 3%.

• Commanding 6,267sqm* lot with significant long term value add potential.

• Direct exposure to Bruce Highway with over 175,000* cars per week.

• Whole-of-land lease where the tenants pay for all outgoings including land tax.

• Located only 4.5km* southwest of the Mackay City Centre.

For further information, contact the exclusive marketing agents at Colliers today.

For Sale via auction on Wednesday 30th of October 2024 at 11am (AEST) in rooms at Colliers, Level 30, 111 Eagle Street, Brisbane.

* Approximate. Image locations and outlines are approximate and indicative only.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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1-3 Empire Street, Paget, QLD, 4740

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Property Location of 1-3 Empire Street, Paget, QLD, 4740

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1-3 Empire Street, Paget, QLD, 4740 Paget
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