Burgess Rawson and Commercial Collective are pleased to offer to market the BP Service Station located at 5 Casino Road, Junction Hill (Grafton) NSW for sale via Private Treaty.
The property has the following key investment highlights:
+ BP branded freehold including fuel, retail convenience store & 3 bedroom dwelling
+ Proven tenant with 3 established fuel & retail sites including BP, Shell and Liberty across northern NSW
+ 10 year net lease plus three (3) further five (5) year options to 2042
+ Tenant responsible for outgoings including council rates, water rates and insurance as per lease
+ Attractive fixed 3% annual rent increases, ensuring income growth
+ Strategic fuel and convenience retail servicing surrounding community & key freight thoroughfare
+ Junction Hill: important inland route 7 minutes north of Grafton
+ Clarence Valley Shire: population forecast to increase by 14.58% to 64,121 by 2041^
+ Easily managed single tenant investment
+ Net Income: $197,077 pa* + GST ($202,989 pa + GST from 20 Dec 2023)
For Sale via Private Treaty.
Price Guide: $2,075,000
Please contact the exclusively appointed sales team for more information.
*Approx ^https://forecast.id.com.au/clarence-valley
The size of Junction Hill is approximately 7.4 square kilometres. There are 7 parks, covering nearly 3.7% of the total area. The population of Junction Hill in 2016 was 1370 people. By 2021 the population was 1547 showing a population growth of 12.9% in the area during that time. The predominant age group in Junction Hill is 60-69 years. Households in Junction Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Junction Hill work in a professional occupation.In 2021, 79.40% of the homes in Junction Hill were owner-occupied compared with 80.30% in 2016.
Junction Hill has 837 properties. Over the last 5 years, Houses in Junction Hill have seen a 46.20% increase in median value, while Units have seen a 37.72% increase. As at 30 June 2026:
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