Sold

19-23 Gaskill Street,
Canowindra 2804, New South Wales

7 car spaces
2,462m² land size
150m² building size
Retail

$3,225,000


Property details

Single Tenant Investment - Long 55 year lease - Set and definitely forget

The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.

Key Investment Features
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• Constructed in 2023
• Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income
• Ultra Petroleum has 14 locations
• 100% of outgoing / operational costs are recovered from Ultra Petroleum
• No statutory cost escalations to eat into your investment return.
• Very long initial-term 25-year lease with options extending through to 2078.
• Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties
• Strongly trading tenant who has a massive local fuel business

To be sold with an asking price of $3.45 million


Please contact Stephen Kidd below for further details. 0413 550 474

Explore the area


School catchments

  • Canowindra Public School Primary K-6 Government 0.24km
  • St Edward's Catholic Primary School Canowindra Primary K-6 Catholic 0.30km
  • Cargo Public School Primary K-6 Government 20.6km
  • Gooloogong Public School Primary K-6 Government 21.6km
  • Woodstock Public School Primary K-6 Government 26.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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