• For Sale
  • Other
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove
PUMA Energy Service Station in Andergrove

For Sale

Expressions of Interest 29th Sep 2020 Colliers International, Level 30, 111 Eagle Street, Brisbane City
Colliers International is pleased to present a unique and rare opportunity to purchase a successful service station complex leased to PUMA Energy in Andergrove (Mackay Northern Beaches).

The property is prominently positioned on Bedford Road and located close to the Andergrove Shopping Precinct.

Puma Energy has a retail footprint of over 270 service stations and unmanned sites throughout Australia, including an extensive 24-hour diesel network and fuel card offering. Their sites are currently operated under a variety of brands including Puma, Gull, Choice Petroleum and Peak. In July 2020, global energy giant, Chevron re-entered the Downstream market in Australia through the acquisition of Puma Energy (Australia) Holdings.

Investment highlights include:

- PUMA Energy on a 10-year lease expiring in March 2025
- Mr Shiny Mechanic on a 10-year lease expiring in October 2024
- WALE of 4.5 years
- Net income of $207,963 per annum* (plus GST)
- 100% outgoings payable by tenant (including Land Tax)
- 2,250m²* land parcel
- Located in Northern Beaches growth area
- PUMA was been purchased by global energy leader Chevron in July 2020

The PUMA Andergrove service station is offered for sale via Expressions of Interest closing on Tuesday 29 September 2020 at 4pm.

For more information and a copy of the information memorandum, please contact the selling agent.

Property Details