148 Station Road Burpengary, QLD 4505
0.4ha (1.0 acres)
Metropolitan Centre - Precinct 1(c)
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