Brand New Truck Stop - 15 Year Lease to 2038 | Unbeatable First Year Depreciation Benefits - 90% of Rent
Burgess Rawson is pleased to offer to market United Petroleum Yamanto located at 18A Saleyards Road, Yamanto (Ipswich) QLD, for sale via our Investment Auction Portfolio 160.
The property has the following investment highlights:
+ Brand new fifteen (15) year lease to United Petroleum to 2038 plus four (4) further five (5) year options to 2058
+ United Petroleum: top tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with over 465 sites nationally**
+ Strategically positioned 4,584sqm* truck stop with immediate exposure to 2,000 heavy vehicles & 20,000 total vehicles daily on Warwick Road and located directly off the Cunningham Highway - a major logistic arterial roadway
+ Constructed in March 2023, offering outstanding first year tax depreciation benefits $329,000 (90% of rent)
+ Immaculate 291sqm* convenience store fully equipped to United Petroleum’s corporate layout and design, complemented by ample on-site parking
+ Strong and certain rental growth with fixed annual, compounding 3% increases
+ Tenant pays all outgoings (excluding land tax and building insurance)
+ Located 2.5km* from Australia’s largest air force base, RAAF Base Amberley, a major employment driver accommodating 6,000 military personnel
+ Located within 1km* of Yamanto Central, anchored by Coles, Kmart & Dan Murphy’s and Yamanto Shopping Village, anchored by Woolworths & Amart Furniture
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $365,985 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
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