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For Sale | Retail Investment Property

Newly Built Metro Brisbane Asset Anchored by Multinational Tenant

1266 Anzac Avenue
Kallangur, QLD 4503
Australia
Inquire About This Property
Building Size:
309 SQM
Lot Size (SQM):
2952

Cushman & Wakefield’s National Investment Sales team, in conjunction with JLL Metropolitan Retail Investments are pleased to present to the market 1266 Anzac Avenue, Kallangur QLD - a strong performing metropolitan Brisbane service station located within one of Queensland’s most high-profile growth corridors. The investment has the following key characteristics: - Long term, secure 15 & 10 year net leases providing fixed 3% annual rent increases & a WALE of 10+ years - 77% of income derived from Freedom Fuels – A wholly owned subsidiary of multinational giant Idemitsu Kosan Ltd, a Fortune 500 Company with market capitalisation of $873 Billion - Impressive as-new convenience retail asset built in 2019 offering significant depreciation benefits - Strategic homebound location with direct site access & exposure to 30,401* vehicles passing daily - Anzac Avenue - Busy retail carriageway home to KFC, McDonald’s, Woolworths, Hungry Jack’s & Supercheap Auto - Kallangur - 25 km north of the Brisbane CBD, part of the rapidly expanding Moreton Bay region, set to grow to 645,000+ people by 2036 - Passive Net lease structures with tenants paying all usual outgoings incl. Management Fees (excl. Land Tax) - Landlord friendly environmental provisions ensuring tenant is responsible for full site remediation - Net Income $476,415 pa + GST For more information please contact the property professionals. - Brisbane - North
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