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401 Tarean Road Karuah, NSW 2324

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401 Tarean Road,
Karuah, NSW 2324

Shops & Retail

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$2,515,000

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Map of 401 Tarean Road

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Newly Refurbished Service Station. 12 Year Lease. Huge 8,500 sqm Land Size.

New 12 year lease to 2027.
2 x 5 year options to 2037.
Established BP branded operator.
Annual 3% rent increases (income $263,004 in 2027).
Huge 8,500 sqm block on main link road to Pacific Highway.
Main building includes a busy cafe and convenience store.
Includes a 3 bedroom house used by the manager.
Popular and established "rest and revive" spot.
Dominant local operator, the only service station in town.
Tenant pays outgoings except land tax (below threshold).
Net Income: $195,700 + GST.

Property ID: 501668417Last Updated: 7 Aug 2016

02 9232 62...
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401 Tarean Road
Karuah, NSW 2324
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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