PRICE REDUCTION!
Solid investment property leased to BP Franchise until June 30, 2030, with two 5-year options to renew. The annual base rent is $200,0000 + GST with annual CPI increases. The lessee’s annual contribution to operating expenses is $12,000. The tenant is solid with a strong presence in WA & NT.

On offer is 5,100 m2 of freehold land, strategically located on Stuart Highway, some 5-radial km NE of the Darwin CBD. The site boasts approximately 100m of Stuart Highway frontage. Stuart Highway is a major arterial road leading into Darwin. The location benefits from high traffic flows of approximately 14,000 vehicles daily.

Solid Investment.
BP Franchise as tenant.
Solid tenant with strong presence in WA & NT.
Annual base rent $200,000 pa + GST.
Leased until June 30th, 2030.
Two 5-year options.
Annual CPI increases.
Annual contribution to operating expenses $12,000 pa.
Area under Title 5,100 m2.
Strategically located.
Approximately 100 m of Stuart Highway Frontage.
High traffic area approximately 14,000 vehicles daily.
Approximately 5 radial km NE of Darwin CBD.
Recent environmental report.
Future value adding potential.

Takes this rare opportunity to pick up this solid investment property leased to a solid tenant.
For more information or to arrange an inspection, contact the agent or email: darwin.ljhcommercial.com.au.