102 River Road,
Gympie, QLD 4570

Leased to an international tenant and branded as Shell V Power plus Coles Express, 102 River Road offers its' new owners a stable and secure income stream with a yield very hard to find given the quality and type of asset on offer. Modern five year old facilities simply adds to the attractiveness of this asset. With a long term lease in place, this modern service station centre has all the attributes of an annuity style investment.

This prime location on the Bruce Highway (River Road) in Gympie guarantees you fantastic exposure every day and night. The site is home to the only Shell/Coles Express in Gympie and as such, the sole recipient of all shopper docket promotions from the local Coles supermarkets.

The site has dual access from River Road and Excelsior Road and is conveniently located near the busy Gympie Central shopping centre and adjacent to the Gympie Gold Service Centre.

Key Investment Highlights:
- Current Net Income: $332,752p.a. after insurance (excl. GST)
- Annuity style income stream backed by a 15 + 4x5 years' lease from 2012
- Secure & stable income stream underwritten by a strong international tenant
- Yield compares favourably vs. other asset classes
- Tenant responsible for all outgoings (excl. building insurance)
- Land tax and council rates recoverable & substantial tax offsets
- Rent Reviews - automatic yearly CPI rent increases, next market review 2027
- Other businesses nearby include: Gympie Central shopping centre, Beefy's Pies, McDonald's, NAB Business Centre, Jetts Gym

For sale as a tenanted investment. Price on Application.