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148 Station Road Burpengary, QLD 4505

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148 Station Road Burpengary, QLD 4505

Shop & Retail • Warehouse, Factory & Industrial • Other
Sold Price

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Land area

0.4ha (1.0 acres)

Floor area

397.0m²

Car spaces

43

Zoning

Metropolitan Centre - Precinct 1(c)

Tenure type

Tenanted Investment

Sold on

19 Dec 2018

7-Eleven and Hogs Breath Express - Two Tenants - 100% Leased

  • A 'Set and Forget' Investment
  • 12 Year WALE
  • Two Head Office Leases
148 Station Road represents a prime multi-tenanted retail investment with the anchor tenant underwriting the income for up to 37 years. The focus of this centre is on convenience - fuel and food.

With Burpengary's forecast growth rate at a massive 3.2% p.a., the demographic demand drivers from young families moving into the area look excellent.

Well positioned in front of a major school and adjacent to Burpengary's principle shopping precinct, the property has a positive and long term future as the suburb doubles in population.

The property offers:

- An attractive mix of 2 food/fuel retail tenants with 100% of the income underwritten by national tenants with long leases.
- A very fast growing suburb with young families requiring several cars to transport themselves around the region.
- A new investment property with substantial tax deductions.

An Information Memorandum is available upon request.

For Sale by Expressions of Interest, closing Thursday 8 November 2018.



Retail Investment - Service Station - Fully Leased - Fast Food - Brand New - Long WALE - High Level Depreciation - Recently Completed

Property ID: 502981686Last Updated: 3 Jan 2019

148 Station Road
Burpengary, QLD 4505

Agency contacts

Ray White Commercial - Queensland

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Ray White Commercial - Queensland

Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
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Elliot Kidd
Ray White Commercial - Queensland
148 Station Road Burpengary, QLD 4505

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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