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Burgess Rawson - Brisbane

177 Government Road Labrador, QLD 4215

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177 Government Road,
Labrador, QLD 4215

Shops & Retail • Medical & Consulting

Price information

Sale

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$434,791
Number of Tenants
3 Tenants
Tenants / Type
Caltex, Star Liquor & Retail

Private inspections

to arrange a private inspection.
Burgess Rawson - Brisbane
Neville Smith
Josh Scapolan

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
177 Government Road
Labrador, QLD 4215

Map of 177 Government Road

Directions
  • Train stations within 5 km of 177 Government Road, Labrador, QLD 4215Distance
    Gold Coast University Hospital2.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 177 Government Road, Labrador, QLD 4215Distance
    Southport Depot2.2 km
    Nerang Street2.7 km
    Parkwood East3.5 km
    Parkwood4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 177 Government Road, Labrador, QLD 4215Distance
    Wilson St at Stoke Avenue237 m
    Wilson St Near First Ave284 m
    Usher Ave Near Tanias Pl363 m
    Wilson St Near Heydon Ave371 m
    Wilson St at Robert Street426 m
    POWERED BY HERE ©
POWERED BY HERE ©

Recently Refurbished Convenience Retail Investment | 10 Year Net Lease + Options to 2048

  • Recently refurbished & rebranded
  • 105m* of frontage to Government Road
  • Fixed 2.5 % 4% increases
Burgess Rawson is pleased to offer to the market 177 Government Road, Labrador QLD for sale via Offers to Purchase.

The property has the following investment highlights:

+ Anchored by a ten (10) year head office net lease to NightOwl to 2033 plus three (3) five (5) year options to 2048
+ NightOwl Convenience: an Australia owned and operated retailer established in 1975, with over 80 retail sites in Australia and growing
+ Supported by a renewed seven (7) year net lease to Star Liquor to 2030 plus two (2) further five (5) year options to 2040
+ Star Liquor: one of Australia’s leading independent hospitality groups founded 25+ years ago, operating 74 bottle shops, 9 liquor warehouses & 42 hotels all across Australia
+ Tenants responsible for 100% of usual outgoings, including management fees as per leases
+ Landlord favourable fixed 2.5% and 4% increases
+ Dominant 3,124sqm* site with 105m* of frontage to Government Road and direct access to Olsen Avenue with 25,000+ vehicles passing daily*
+ Impressive 860sqm* GLA, including recently extensive refurbished and rebranded Caltex Fuel Station
+ Strategically positioned within 2km* of national retailers Woolworths, McDonald's Australia Post, Coles, ALDI & within 3km* of the Gold Coast CBD
+ Perfectly located with 120,000+ residents* and over 70,000 motor vehicles* within a 5km* radius ensuring the strong trade of the tenants
+ Gold Coast: one of Australia’s fastest growing cities, with a population forecast to exceed 1,000,000 residents by 2050 & $16.6 billion in planned future infrastructure projects
+ Estimated Net Income: $434,791 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property ID: 504705392Last Updated: 6 Dec 2024

Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000

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