YASS SERVICE CENTRE - WITH INCOME SECURED BY CALTEX (70%), McDONALDS & KFC

Yass Service Centre is situated on one of Australia's busiest highways, with the property income being underpinned by a WALE of almost 10 years from mutinational companies Caltex, McDonalds & KFC.

The property comprises a Caltex Petrol Station, Star Mart Convenience Store, Coolabah Tree Cafe, with modern, free-standing McDonalds and KFC fast food outlets.

Located in southern NSW, the asset is strategically located at the junction of the Hume Highway and Yass Valley Way, on the major arterial road connecting Sydney (282km), Canberra (70kms) and Melbourne (600kms).

The property has an estimated net annual income (2014-2015) of $1.803 million.

Other Investment Highlights

- WALE of almost 10 years
- Lease to Caltex, expiring in August 2024 (*)
- Lease to McDonald, expiring in February 2026 (*)
- Lease to KFC, expiring in January 2021 (*)
- Limited competition, closest service centres are situated at Gundagai (90kms) and Goulburn (80kms)
- Potential to develop vacant land (34,430m2)

(*) Subject to formal exercise of lease options.

For Sale by Expressions of Interest closing 2pm - Thursday 6 November 2014.

Joint Selling Agents:

MMJ Canberra
Gavin Obst 0408 490 066 gavin.obst@mmj.com.au
Nick George 0419 205 619 nick.george@mmj.com.au

Colliers International