An investment in rural Queensland with an international company on a long lease is one safe way to beat the current investment “blues”.
The Freehold property is 3642m at the junction of the Augathella/Blackall/Alpha Roads on the Landsborough Highway at Tambo.
A huge truck parking area is set up beside the service station with rest rooms and shelter sheds overlooking the water sports dam. This allows drivers to relax after a shower and meal at the “servo” before continuing their western haul runs.
The Caltex service station has all fuels and auto gas with 98,000 litre diesel storage for continuous supply to all trucks.
The kitchen is complete with stainless steel servery and modern cookers and sinks. The cold room is sufficient for storage of foods supplied weekly from Charleville.
The property has had recent renovations to the value of $250,000 to bring it into line with other truck stops in the west.
The 10 year lease plus 5 x 5 option commenced in Dec 2006 with the lessee paying 12 months in advance including all outgoings.
There is a 3 bedroom house on site to accommodate the manager.
The nett return on the lease is 9.57% and very few investments provide this return with the security of the renowned lessee.
Listed at $950,000 this is an affordable investment with security plus in the lease.