SOLD

7 George Town Road, Launceston, TAS 7250


Launceston Fuel Investment - Fully Redeveloped 2015

Brand new 20 year lease to 2036 plus options to 2056.
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation.
Significant taxation saving depreciation.
Landholding of 1,998 sqm, frontage of 54.87m to George Town road.
Fully redeveloped in 2015 comprising convenience store, attached canopy and double skin fibreglass tanks.
Launceston: Tasmania's largest northern city with a growing trade catchment of over 140,000 people.
Rent: $240,000 pa.

Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne


This property is offered as part of a Portfolio of 7 United Petrol Investments with the additional 6 in the following locations;
To Be Sold Separately.

Rydalmere (Sydney) NSW
North Richmond (Sydney) NSW
Maitland (Newcastle) NSW
Narre Warren (Melbourne) VIC
Cranbourne (Melbourne) VIC
Hobart North TAS

Property Info

Municipality
Launceston

AUCTION

Wednesday, 26 Oct 2016
11:00 am

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