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SOLD - Gympie - Affordable Woolworths Petrol Station - 15 Year Ground Lease

92-94 River Road (Bruce Highway) Gympie QLD 4570

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Key Property Highlights

Land Area 1970 sqm
Listing Status Sold

Cushman & Wakefield is pleased to present to the 92-94 River Road (Bruce Highway), Gympie for Sale via Offers to Purchase.

The property has the following key characteristics:

  • 15 year lease to 2030 + options to 2050
  • EG Group - Multinational fuel and convenience giant with 4,700 outlets globally, acquired Woolworths
  • Petrol for $1.725B in 2018
  • Woolworths Petrol - Market leading tenant, 500+ service stations across Australia 
  • Strategic 1,970 sqm site fronting the Bruce Highway and exposed to 21,500+ cars daily
  • Strong performing retail location, neighbours include Woolworths, Big W, McDonald’s, Hungry Jacks & BWS
  • Newly built in 2015, the site offers modern improvements and dual-skinned fibre-glass tanks
  • Favourable environmental provisions, ownership of the tanks and remediation the responsibility of Woolworths/EG
  • Gympie - Established commercial hub 160 km north of Brisbane, trade catchment 50,000+
  • Annual CPI increases
  • Net Income $83,662 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

SOLD - Gympie - Affordable Woolworths Petrol Station - 15 Year Ground Lease92-94 River Road (Bruce Highway)Gympie, QLD 4570
92-94 River Road (Bruce Highway) Gympie QLD 4570