If you are looking for long-term passive income, it doesn't get more secure than this. This property has been a reliable source of energy, from petrol, LPG, and diesel, to great pies and energy drinks. Due to its high profile location, it attracts a diverse range of customers.
The property is held in two titles, one of them a freehold site of approximately 1372m² and the other being a cross lease with a 1/2 share of 913m² (more or less).
The building has a combined floor area of approximately 570m² and consists of a forecourt area and retail space with attached tyre bay and storage space. There is a car wash facility at the rear. The property enjoys a high profile, on busy State Highway 10, in central Taipa with easy access to the pumps and ample client parking.
Taipa is a busy coastal town, with a limited commercial zone making this property a prime investment in a magical location.
The business operates under the Z Energy brand, and the operators have over five years to run on the current term with a final expiry in September 2038. Annual CPI increases and periodic market rent reviews are included within the lease.
Price : $1.550.000
Address : State Highway 10, in Central Taipa
Agent Contact : +6285171505082
Building Size : 570m²
Area Size : 1.828,5m²
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