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74 Forth Road, Turners Beach, Tas 7315

74 Forth Road, Turners Beach, Tas 7315

Retail

  • For Sale
  • Reduced to $670,000
  • For Sale

  • Land Area
  • 1265.00 m² (approx)
  • Floor Area
  • 95 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Apr 10, 2021

Interested in this property? Contact an Agent today

Halliwell Property Agents -

17 Best Street

Devonport Tas 7310

Colin Rowlands

Heavily REDUCED - Approx 7.5% return on investment - Busy Service Station - Leasing to 2039!

Located in the Turners Beach/Forth area of the North West Coast of Tasmania, this property is positioned to service both the surrounding local communities, as well as the significant volume of passing traffic on the nearby Bass Highway.

The service station has been operating for over 50 years, with the current tenant occupying the property since 2014. The tenancy provides the sale of petrol, general groceries, hot and cold takeaways, and is an Australia Post approved site, offering postal services and PO boxes.

Report available as evidence that site is compliant with all environmental requirements, tested regularly as a tenant and regulatory responsibility and is free from any contamination or other issues.

The tenant works with their supplier Shell Australia, who have recently installed modern, digital price boards at the road side.

The building size is approximately 95 sqm and sits on a land area of approximately 1,265 sqm.

With the tenant looking to remain at the site long into the future, they have recently taken up the first of their 5 year Options, with the current lease expiry November 2024, having lease Options in place through

74 Forth Road, Turners Beach, Tas 7315

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