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79 Mills Avenue, Moranbah, QLD, 4744

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+6 Photos

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Properties / Buy / Queensland / Moranbah

Tenanted Investment

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1. Property Summary

Selling Method

Auction

Selling Details

Thursday 2 May 2024 at 12:00pm (AEST)

Land Area

2,289 m² (*approx)

Property Type

Retail

Sub-type

Service Station

Terms

Leased until 2032 + Options

Est. Income

$245,831 p/a

Fully Leased

United Petroleum

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2. Property Highlights

Service Station Investment with National Tenant

High exposure corner site
Leased to national tenant
Underground Responsibility with Lessee

Colliers is pleased to offer to the market 79 Mills Avenue, Moranbah QLD to the market for sale via public auction.

79 Mills Avenue represents an outstanding regional service station investment leased to national fuel operator, United Petroleum who operator over 450 retail locations across Australia.

Moranbah is a prominent coal mining town located in the Isaac Region of Queensland. Its population primarily consists of miners and their families, along with those working in supporting industries such as construction and services.

Key investment highlights include:

- High exposure 2,289sqm* corner site

- Leased to national tenant United Petroleum

- $245,831.14 plus GST net passing income

- Leased until 2032 + Options

- Favourable CPI Rent reviews

- Underground Liability (Tanks, Lines and Enviro) remains with Lessee

Auction Details:

Thursday 2 May 2024 at 12:00pm (AEST)

Level 30/225 George Street,

Sydney NSW 2000

(Online facility also available)

For more information, please contact the exclusive selling agents.

*Approx.

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Service Station

Est. Income

$245,831 p/a

Tenant

United Petroleum

Terms

Leased until 2032 + Options

Land Area

2,289 m² (*approx)

Selling Method

Auction

Auction Date

2 May 2024 12:00PM

Add to calendar

Selling Details

Thursday 2 May 2024 at 12:00pm (AEST)

2. Property Highlights

Service Station Investment with National Tenant

High exposure corner site
Leased to national tenant
Underground Responsibility with Lessee

Colliers is pleased to offer to the market 79 Mills Avenue, Moranbah QLD to the market for sale via public auction.

79 Mills Avenue represents an outstanding regional service station investment leased to national fuel operator, United Petroleum who operator over 450 retail locations across Australia.

Key investment highlights include:

- High exposure 2,289sqm* corner site

- Leased to national tenant United Petroleum

- $245,831.14 plus GST net passing income

- Leased until 2032 + Options

- Favourable CPI Rent reviews

- Underground Liability (Tanks, Lines and Enviro) remains with Lessee

Auction Details:

Thursday 2 May 2024 at 12:00pm (AEST)

Level 30/225 George Street,

Sydney NSW 2000

(Online facility also available)