This high litreage service station combined with a general store is a great investment in an outer suburb of Cairns. The area is growing with new development of dwellings and population. This servo is on a new direct route into Cairns via Portsmith so traffic has increased dramatically. As this operator has a number of service stations their bulk fuel prices allows them to be among the cheapest in Cairns.
Behind the store is a comfortable 3 bedroom house, with a store room attached to the shop, and a lock up car garage. Price is a reasonable $650,000 negotiable. Rent is $6648 per calendar month with CPI increases yearly. Tenants pay the rates and look after general maintenance. 10.66% nett return.