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19-23 Gaskill Street, Canowindra, NSW, 2804

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19-23 Gaskill Street, Canowindra, NSW, 2804

Canowindra

SOLD
19-23 Gaskill Street, Canowindra, NSW, 2804

19-23 Gaskill Street, Canowindra, NSW, 2804

Properties / Sold / New South Wales / Canowindra
Tenanted Investment
Selling Method
For Sale
Selling Details
For Sale - $3.45 million
Land Area
2,462 m² (*approx)
Floor Area
150 m² (*approx)
Property Type
Retail, Industrial
Sub-type
Service Station
Terms
25 + 10 + 10
Fully Leased
Ultra Petroleum
Zone
Local Centre
Car Spaces
7
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Single Tenant Investment - Long 55 year lease - Set and definitely forget
  • Large Depreciations for tax deductions
  • Cash flow positive investment from day 1
  • 100% outgoings recoverable inc land tax

The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.

Key Investment Features

____________________________

• Constructed in 2023

• Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income

• Ultra Petroleum has 14 locations

• 100% of outgoing / operational costs are recovered from Ultra Petroleum

• No statutory cost escalations to eat into your investment return.

• Very long initial-term 25-year lease with options extending through to 2078.

• Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties

• Strongly trading tenant who has a massive local fuel business

To be sold with an asking price of $3.45 million

Please contact Stephen Kidd below for further details. 0413 550 474

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

19-23 Gaskill Street Investment Summary

Property Type
Retail, Industrial
Sub-type
Service Station
Number Of Tenants
1
Tenant
Ultra Petroleum
Terms
25 + 10 + 10
Wale
24 years
Land Area
2,462 m² (*approx)
Floor Area
150 m² (*approx)
Zone
Local Centre
Car Spaces
7
Selling Method
For Sale
Selling Details
For Sale - $3.45 million

Investment Highlights

Single Tenant Investment - Long 55 year lease - Set and definitely forget
  • Large Depreciations for tax deductions
  • Cash flow positive investment from day 1
  • 100% outgoings recoverable inc land tax

The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.

Key Investment Features

____________________________

• Constructed in 2023

• Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income

• Ultra Petroleum has 14 locations

• 100% of outgoing / operational costs are recovered from Ultra Petroleum

• No statutory cost escalations to eat into your investment return.

• Very long initial-term 25-year lease with options extending through to 2078.

• Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties

• Strongly trading tenant who has a massive local fuel business

To be sold with an asking price of $3.45 million

Please contact Stephen Kidd below for further details. 0413 550 474

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of 19-23 Gaskill Street, Canowindra, NSW, 2804

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Canowindra Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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19-23 Gaskill Street, Canowindra, NSW, 2804

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19-23 Gaskill Street, Canowindra, NSW, 2804 Canowindra
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