5 Casino Road, Junction Hill NSW 2460

Auction Date: August 1, 2023

High 9% Circa Yielding BP Branded Freehold

Auction Location: Sydney Opera House

Commercial Collective and Burgess Rawson are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill for sale.

The investment has the following key investment highlights:

- BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling
- Experienced operator with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW
- 10 year net lease plus three (3) further five (5) options to 2042
- Tenant responsible for outgoings including council rates, water rates and insurance as per lease
- Attractive fixed 3% annual rent increases, ensuring income growth
- Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare
- Junction Hill: important inland route 7 minutes north of Grafton
- Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041
- Easily managed single tenant investment
- Net Income: $197,077 pa + GST ($202,989 pa + GST from 20 Dec 2023)

Please contact the exclusively appointed sales team for more information.

*Approximately