29 Glenlyon Street, Gladstone Central (A140)
Auction: Monday, 26 October 2020
Description
Brand New 15 year net lease to 2035 plus options to 2055 United Petroleum currently operate over 450 sites throughout Australia combining their fuel/convenience offering with Pie Face stores Guaranteed rental growth - fixed compounding 3% rent increases Tenant pays all outgoings as per lease Freestanding fuel and fast food investment seamlessly integrated with established McDonalds Restaurant High profile gateway position on major highway leading to Gladstone CBD and the important Ports Access Road Impressive 3900m2 site with 58 m of frontage Modern 385sqm convenience store with Drive-Thru facility Attached 450sqm canopy covering four pump islands Brand new improvement providing significant depreciation benefits Gladstone: Major far north Queensland city with a population of 63,000+ Net Income : $314,300 pa +GST Investment Portfolio Auction 11am AEDT Tuesday 27 October This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes
