Starbucks, 493 Gympie Road, Kedron, Qld 4031

Burgess Rawson is pleased to offer to the market Starbucks Kedron located at 493 Gympie Road, Kedron (Brisbane) QLD for sale via our Investment Auction Portfolio 171.

This opportunity has the following key investment highlights:

+ Brand new 12 year net lease to 2036 plus options to 2056
+ Starbucks: One of the world’s largest and most recognisable fast food chains with 38,000+ stores across 80 different countries
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Highly desirable lease structure, Starbucks pays all usual outgoings including council rates, water rates, insurances and general repairs and maintenance
+ Brand new 2024 construction, offering maximum depreciation benefits
+ Purpose built state-of-the-art facility with pivotal drive thru expertly built by nationally renowned Hutchinson Builders and designed by award winning architect Cottee Parker
+ Prime 1,259qm main road corner landholding underpinned by high underlying land value
+ Expansive frontage to key arterial Gympie road that sees over 455,000^ vehicles pass the site weekly
+ Exceptional inner city retail corridor with Westfield, Coles, ALDI, Bunnings, JB Hi-Fi, KFC, 7-Eleven, Toyota & Hungry Jack’s all within 2km*
+ Kedron: highly desirable inner city suburb, only 8km* to the bustling Brisbane CBD. Median house price in Kedron has increased by over 20% in the last 12 months with household income over 26% higher than the state average.
+ Net Income: $234,741 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 17 September 2024
Yallamundi Rooms, Sydney Opera House

Also available as part of Burgess Rawson's September Portfolio Auction.

- 7-Eleven, Kedron (Brisbane)

Please contact the exclusively appointed sales team for more information.

^GapMaps
*Approx.