Starbucks 493 Gympie Road, Kedron, Qld 4031

Stonebridge is pleased to present 'Starbucks Kedron (Brisbane)' for sale via Expressions of Interest closing Monday 30 June at 3pm (AEST).

The asset has the following key investment features:

   -  Secure 12 year net lease to 2036 + options to 2056 with fixed 3% annual rent increases

   -  Starbucks - The world’s largest and most recognisable coffee chain with 32,000+ stores located across 80+ countries

   -  Prime 1,262 sqm* inner city corner site improved by state of the art new fast food drive thru asset, boasting dual street access and frontage

   -  Rarely offered inner city fast food investment in unrivalled location only 8 km* to Brisbane CBD, boasting significant exposure to major arterial Gympie Road (65,638+ vehicles daily)

   -  Newly constructed development built by Hutchinson Builders and completed in August 2024, providing a high level of craftmanship and outstanding depreciation benefits

   -  Located within core Brisbane retail corridor nearby Westfield Chermside and national tenants including Coles, Aldi, JB Hi-Fi, RSEA Safety, KFC, Guzman y Gomez & Hungry Jack’s

   -  Kedron – Established inner city suburb 8 km* from the CBD, in Brisbane’s affluent, densely populated inner north, with strong retail amenity, thriving business activity, and a high income residential catchment

   -  Brisbane – Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

   -  Net Lease – Tenant pays usual outgoings as per lease

   -  Net Income $241,719 pa* + GST

‘Starbucks Kedron (Brisbane)’ 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: 1316