Mobil & Zarraffa's, 12-14 Boat Harbour Dr, Pialba, Qld 4655

Stonebridge is pleased to present 'Mobil & Zarraffa’s Hervey Bay' for sale via Expressions of Interest closing Monday 30 June at 3pm (AEST).

The asset has the following key investment features:

   -  Mobil (Pearl Energy) - Secure 15 year net lease to 2036 + options to 2066 with uncapped CPI annual increases

   -  Established, premium fuel and convenience retailer rapidly expanding with 153+ locations nationally

   -  Zarraffa's Coffee - Secure 15 year net lease to 2036 + options to 2066 with CPI annual increases (minimum 3%)

   -  Successful 15 year Hervey Bay track record, proven national tenant & pioneer of coffee drive thru's with 80+ outlets across Australia

   -  Prominent 2,228 sqm 'gateway' site on bustling Boat Harbour Drive, a blue chip retail thoroughfare carrying 20,817+ vehicles daily

   -  Boat Harbour Drive - retail 'magic mile' home to Bunnings, KFC, McDonalds, Hungry Jacks, Dan Murphy's plus Coles & K-Mart anchored Stockland Shopping Centre

   -  Newly developed in 2022 providing outstanding depreciation benefits and latest underground fuel infrastructure

   -  Well configured convenience retail & fast food site - 16 car parks, drive-thru and important heavy vehicle/truck manoeuvrability lane

   -  Hervey Bay - World renowned tourist destination and focal point of Fraser Coast region, trade catchment 107,000+ & 4.3 million visitors annually, experiencing significant population growth

   -  Net Leases - tenants pay all usual outgoings

   -  Leases secured by 3 month Bank Guarantees & Directors Personal Guarantees

   -  Net Income $504,239 pa* + GST

‘Mobil & Zarraffa’s Hervey Bay’ is for sale via Expressions of Interest closing Monday 30 June at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1317