SOLD

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
Guaranteed rental growth with attractive 3.5% increases annually
High profile corner site of 1,831sqm with combined frontage of 72m
Fully refurbished in 2010, improvements comprising convenience store, attached canopy and double skin fibreglass tanks
Absolute prime location on Launceston’s golden mile - gateway position amongst car dealerships, large format retailers and opposite Aurora Stadium (AFL, Cricket, Major Events) – 1km to Launceston CBD
Launceston: Tasmania’s largest northern city with a growing trade catchment of over 140,000 people
Rent: $240,000 pa

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

This property is offered as part of a Portfolio of 3 United Petrol Investments with the additional 2 in the following locations; To Be Sold Separately.

The Basin VIC, 1202-1204 Mountain Highway
Wyong NSW, 359 Pacific Highway