5 Casino RoadJunction Hill NSW 2460
Property Details for 5 Casino Rd, Junction Hill
Last Listing description (November 2023)
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
Property History for 5 Casino Rd, Junction Hill, NSW 2460
- 04 Jul 2023Listed for Sale $2,075,000
- 22 Dec 2016Sold for $640,000
- 15 Aug 2016Listed for Sale $1,300,000 plus SAV
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0About Junction Hill 2460
The size of Junction Hill is approximately 7.4 square kilometres. It has 7 parks covering nearly 3.7% of total area. The population of Junction Hill in 2011 was 1,177 people. By 2016 the population was 1,383 showing a population growth of 17.5% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Junction Hill work in a professional occupation. In 2011, 82.9% of the homes in Junction Hill were owner-occupied compared with 80.3% in 2016.
Junction Hill has 810 properties. Over the last 5 years, Houses in Junction Hill have seen a 45.14% increase in median value, while Units have seen a 37.32% increase. As at 31 October 2024:
- The median value for Houses in Junction Hill is $541,326 while the median value for Units is $353,658.
- Houses have a median rent of $490.
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