This premium service station investment offers a rare opportunity to secure a long-term, passive income asset backed by a nationally recognised tenant. Leased to Z Energy Limited, the property is strategically positioned in the heart of Manly, servicing a large catchment with consistent demand.
The 1,879sqm (more or less) site includes a 220sqm building and a 525sqm forecourt and canopy (approximately), benefiting from high exposure along Whangaparaoa Road. With rights of renewal extending to 2055, this well-established asset provides long-term lease security and growth potential.
Located within a thriving commercial precinct and supported by ongoing population growth, this investment is set to capitalise on sustained demand for essential services.
Key highlights:
• Securely leased to Z Energy Limited, a trusted national brand.
• Prominent 1,879sqm site with a high-exposure frontage.
• Net lease structure with annual 2% rent increases and triennial market reviews.
• Rights of renewal extending to 2055 for long-term investment security