Ipswich
SOLD
Other:
- Property ID#318407
- LocationIPSWICH
- StateQLD
- StatusSold
Caltex Fuels, Ipswich
With the tightening credit market, Ray White Invest embarked on a sale campaign to sell a portion of its Service Centre Trust portfolio in Victoria and Queensland. The Caltex Fuels at 126 Warwick Road, Ipswich, was particularly attractive as the yearly rental of $148,632 had just been paid in advance and the tenant is a national company. The sale at $1.8 million reflected a yield of 8.26 per cent. The property was leased until April 2016 with two five year options available thereafter.
Client Testimonials
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Ken Woodley
Rick acts very professionally and confidentially in all property dealings. His competent and honest handling of the matters made the negotiation process easy from our perspective.As a result of Rick’s efforts we have engaged Ray White as leasing and selling agents for other properties owned by us. I have no hesitation in recommending Rick’s services as a real estate agent of significant integrity and competence.
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Ross Nielson
Rick has handled several successful transactions for us since 1987 and he has been the most capable real estate agent that we have dealt with.Confidentiality has been preserved in all our transactions over the years and this is rare in this business. Of particular note is the approach Rick takes in terms of acting in his clients’ best interest. This has resulted in the premium for us, which in some cases has been beyond our expectation.
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