Address available on request,
Mangalore, TAS 7030

* Two Titles/ total land size 3295m2

* Service Station built 1958

* Concrete Block Construction

* Galvanised Iron Roof

* Building Size: - 230m2

* Title References: - Volume 112712 Folio 1
Volume 138003 Folio1

* Rental as at 18” August, 2008 approximately $24,000.00 p.a. + GST + OUTGOINGS

* Annual CPI increases.

* The site is independently owned and leased to ‘SHELL AUSTRALIA’.

* The current 10 yr lease period is due for expiry 18th August, 2009 with a further 10yr option

* Until recently, the building was sub-leased to a small machinery business which hasrelocated

* The Head Lease Agreement with SHELL AUSTRALIA requires the company to maintain all tanks and to hand-back the site to the Freehold owner free of contamination.