156 Brand Highway, Tarcoola Beach WA 6530

Price on Application
Retail
156 Brand Highway, Tarcoola Beach WA 6530

ROCK SOLID COMMERCIAL INVESTMENT OPPORTUNITY

Presenting this freehold, Service Station, with a strong lease in place, and a fuel + food outlet.

Key features include:

• Leased from 1st May 2019 until 30th April 2029 + three further options of 5 years per option.
• Monthly rental income is $22,456.19 (inclusive of GST)
• Yearly rental income is $269,474.28 (inclusive of GST)
• Council Rates $36,400 approx. and Water Rates $3,664 approx. (tenant pays all outgoings)
• 17 parking bays
• Approx 364m2 of canopy
• Approx 420m2 of buildings
• Very high profile two road frontage
• Block size 3,324m2
• The underground fuel tanks, fuel lines, building shell, internal walls, windows and doors, canopy structure, and the land, are the owner's property and are included in the sale.
• The sale will be subject to the buyer agreeing to purchase with the lease in place and to honour the lease and the three five-year options that are with the tenant to extend the lease.

Please contact Jim Quinn now on 0412 991 442 for further information.

*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should do their own due diligence.

Property features

  • Land area 3,324m2
  • Floor area 420m2
  • Tenure type Vacant possession
  • Outgoings $40,064

Property snapshot by reiwa.com

This commercial property at 156 Brand Highway, Tarcoola Beach is listed for sale by Jim Quinn at Geraldton Property Team.

It has been described by the agent as ‘ROCK SOLID COMMERCIAL INVESTMENT OPPORTUNITY’.

If you would like to get in touch with Jim Quinn regarding 156 Brand Highway, Tarcoola Beach, please call 0412 991 442 or contact the agent via email.

Cost breakdown

  • Council rates: $36,400 / year
  • Water rates: $3,664 / year

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