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5 Casino Road, Junction Hill, NSW, 2460

+4 Photos

+6 Photos

SOLD

5 Casino Road, Junction Hill, NSW, 2460

Properties / Sold / New South Wales / Junction Hill

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

$2,075,000

Land Area

1,248 m² (*approx)

Floor Area

1 m² (*approx)

Property Type

Retail, Other

Sub-type

Service Station

Terms

10 year net lease plus three (3) further five (5) year options to 2042

Est. Income

$197,077 p/a

Fully Leased

Show All

2. Property Highlights

High Circa 9% Yielding BP Branded Freehold

Established BP Service Station
10 Year Lease to 2027 + Options
Tenant Responsible for Outgoings

Burgess Rawson and Commercial Collective are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill (Grafton) NSW for sale via Private Treaty.

The property has the following key investment highlights:

+ BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling

+ Proven tenant with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW

+ 10 year net lease plus three (3) further five (5) year options to 2042

+ Tenant responsible for outgoings including council rates, water rates and insurance as per lease

+ Attractive fixed 3% annual rent increases, ensuring income growth

+ Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare

+ Junction Hill: important inland route 7 minutes north of Grafton

+ Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041^

+ Easily managed single tenant investment

+ Net Income: $197,077 pa* + GST ($202,989 pa + GST from 20 Dec 2023)

For Sale via Private Treaty.

Price Guide: $2,075,000

Please contact the exclusively appointed sales team for more information.

*Approx ^https://forecast.id.com.au/clarence-valley

Remember to mention you found this property on CommercialReady