The team at Ray White is delighted to have been appointed by the vendor to sell this premier service station investment, featuring a very lengthy lease to a substantial and seasoned tenant, in regional NSW.
Key Investment Features
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• Constructed in 2023
• Substantial depreciation tax deductions - this year's tax deduction equals almost 50% of the net income
• Ultra Petroleum has 14 locations
• 100% of outgoing / operational costs are recovered from Ultra Petroleum
• No statutory cost escalations to eat into your investment return.
• Very long initial-term 25-year lease with options extending through to 2078.
• Newly installed double-skinned fiberglass underground 100,000 litre tanks that come with 30-year warranties
• Strongly trading tenant who has a massive local fuel business
To be sold with an asking price of $3.45 million
Please contact Stephen Kidd below for further details. 0413 550 474
The size of Canowindra is approximately 765.7 square kilometres. It has 9 parks covering nearly 9.2% of total area. The population of Canowindra in 2016 was 2258 people. By 2021 the population was 2437 showing a population growth of 7.9% in the area during that time. The predominant age group in Canowindra is 60-69 years. Households in Canowindra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Canowindra work in a managers occupation.In 2021, 71.70% of the homes in Canowindra were owner-occupied compared with 71.80% in 2016.
Canowindra has 1,575 properties. Over the last 5 years, Houses in Canowindra have seen a 104.31% increase in median value, while Units have seen a 267.41% increase. As at 30 November 2025:
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