1102-1108 Bribie Island Road,
Ningi, QLD 4511
Shops & Retail • Other
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$614,880
Number of Tenants
2 Tenants
Tenants / Type
7-Eleven & Beefy's
Private inspections
to arrange a private inspection.
Map of 1102-1108 Bribie Island Road
Bus stops within 5 km of 1102-1108 Bribie Island Road, Ningi, QLD 4511 Distance Bestmann Rd Near Lever Ct 240 m Bestmann Rd Near Greygum Ct 490 m Bribie Island Rd at Pinelands Way 641 m Bribie Island Rd at Bestmann Road 870 m Bestmann Rd at Sunny Court 1 km POWERED BY HERE ©
POWERED BY HERE ©
7% Yield Anticipated | 7-Eleven + Fast Food Anchored Retail Centre on Expansive 7,006sqm* Site
- High profile 7,006sqm corner freehold
- Significant exposure, 25,000 cars daily
- Strong trading fast food drive-thru
Burgess Rawson is pleased to offer to the market the 7-Eleven & Fast Food anchored Convenience Centre located at 1102-1108 Bribie Island Road, Ningi (Moreton Bay) QLD for sale by Private Treaty.
This opportunity has the following key investment highlights:
+ Significant 7,006qm* corner land rich site with 258 metres* of direct frontage to Bribie Island and Bestmann Road (25,000 vehicles passing daily)
+ Recently renewed net lease to 7-Eleven to 2028 plus options to 2038
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share
+ Supported by a 10 year net lease to Beefy’s Fast Food to 2031 plus options to 2041
+ Landlord-friendly long-term leases offering secure income (73% of income underpinned by 7-Eleven & Beefy’s)
+ Strong rental provisions across all tenancies between 3% - 4% and CPI ensuring strong rental growth
+ Low site coverage with potential for future development upside (STCA)
+ Ningi: located 42km* north of the Brisbane CBD in one of Queensland’s fastest growing regions, with outstanding connectivity off the Bruce Highway at the gateway to Bribie Island
+ Moreton Bay Region: 24km* from Brisbane CBD, the Moreton Bay Region is the third largest LGA in Australia, with an estimated population of 479,639 and a workforce catchment of over 1 million workers
+ Net Income: $633,504 pa + GST
For Sale by Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
This opportunity has the following key investment highlights:
+ Significant 7,006qm* corner land rich site with 258 metres* of direct frontage to Bribie Island and Bestmann Road (25,000 vehicles passing daily)
+ Recently renewed net lease to 7-Eleven to 2028 plus options to 2038
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share
+ Supported by a 10 year net lease to Beefy’s Fast Food to 2031 plus options to 2041
+ Landlord-friendly long-term leases offering secure income (73% of income underpinned by 7-Eleven & Beefy’s)
+ Strong rental provisions across all tenancies between 3% - 4% and CPI ensuring strong rental growth
+ Low site coverage with potential for future development upside (STCA)
+ Ningi: located 42km* north of the Brisbane CBD in one of Queensland’s fastest growing regions, with outstanding connectivity off the Bruce Highway at the gateway to Bribie Island
+ Moreton Bay Region: 24km* from Brisbane CBD, the Moreton Bay Region is the third largest LGA in Australia, with an estimated population of 479,639 and a workforce catchment of over 1 million workers
+ Net Income: $633,504 pa + GST
For Sale by Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Property ID: 504400356Last Updated: 15 Oct 2024
1102-1108 Bribie Island Road
Ningi, QLD 4511
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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