Caltex Service Station on 10 Year Lease


1-9 Normanby Street, Dargaville

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Caltex Service Station on 10 Year Lease | 1-9 Normanby Street, Dargaville | 1692559 |      X Close
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Caltex Service Station on 10 Year Lease


• Bottom drawer, hassle free investment opportunity

• High profile service station on 10 year lease with further rights of renewal

• Returning $158,326 + GST p.a. with built in rental growth throughout the lease

• 3,412sqm fee simple corner site with huge exposure

Investors looking for a hands off commercial asset in an established and proven location look no further. Having occupied the site for over 20 years, this Caltex Service Station has approximately 8 years to run on a 10 year term, with further rights of renewal through to 2047. The property returns $158,326 + GST p.a. with rental growth provisions throughout the lease.

The property is situated on a high profile corner site with prominent exposure to State Highway 12 and is well positioned to service the surrounding commercial, industrial and residential catchment.

Passive investments of this quality seldom become available in the current market. Call now for further information.

1-9 Normanby Street, Dargaville

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