Stonebridge is pleased to present a high profile, brand new Brisbane convenience retail centre for sale via Expressions of Interest Closing Thursday 17 October 2024 at 3pm (AEDT). The asset has the following key investment features: - Brand new 15 year net leases to 2039 + options to 2059 with favourable fixed annual rent increases up to 3.5% - Outstanding net lease structure – Tenants pay all usual outgoings including Land Tax, Insurance and Management Fees plus remediation responsibilities - Head Company Lease to Atlas Fuel - Proven high performing national fuel & convenience retailer with extensive network of sites across Australia - Golden Sunshine Car Wash - Successful, privately owned car wash operator across multiple locations - Significant 4,236 sqm* corner site with 19 car parks and newly built improvements in 2024 offering substantial depreciation benefits - Prominent position boasting 192 m* of dual street frontage and direct access from major arterial, Logan River Road (34,270+ vehicles daily) via deliberate ‘slip’ lane - Strategic position within key retail precinct and carriageway – nearby Woolworths, McDonald’s, Oporto, Dominos, BWS & Sydney Tools - Holmview – Only 30 km* south of Brisbane CBD & 36 km* north of Surfers Paradise, an important commercial and residential hub of the rapidly expanding Brisbane to Gold Coast growth corridor - Brisbane – Booming capital city and economic engine of the $409 billion* Qld economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents - Leases secured by Bank Guarantee and Personal Director Guarantee - Net Income $485,000 pa* + GST The Investment is for sale via Expressions of Interest Closing Thursday 17 October 2024 at 3pm (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1063
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