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Sold

United Petroleum, Queenstown SA

Brand new gateway site to the economic hub of Port Adelaide
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $333,277.00 + GST
  • Lease:
    15 year net lease

OVERVIEW

NO STAMP DUTY PAYABLE ON COMMERCIAL LAND PURCHASES IN SOUTH AUSTRALIA

  • Brand new service station leased to United Petroleum Pty Ltd offering substantial tax saving depreciation benefits
  • 15 year net lease with 4 options of 5 years each
  • Situated at the gateway to the booming Port Adelaide commercial precinct
  • Net lease structure where the tenant pays all outgoings excluding state land tax
  • Large half acre corner site with 83m frontage to Port Road – the major arterial road linking the Adelaide CBD to Port Adelaide
  • Net Annual Income of $333,277*pa as at July 2019

For Sale via public auction as part of the CBRE Premium Property Portfolio Auction to be held at Zagame Ferrari, Level 1, 430 Swan Street Richmond, Vic on 25th July 2019 from 6.00pm (AEST)

Contact the team

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