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CBRE - Brisbane
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2660 Logan Road Eight Mile Plains, QLD 4113

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For Sale - Expression of Interest

2660 Logan RoadEight Mile Plains, QLD 4113

Shop & Retail
Sale Price

Contact Agent

Under Contract

Floor area

341.0m²

Tenure type

Tenanted Investment

BRAND NEW SERVICE CENTRE ON CNR OF GATEWAY MOTORWAY ON RAMP & LOGAN ROAD

  • National Tenants 7-Eleven & Subway
  • 10.9 year* WALE (by income)
  • Prominent Metropolitan Brisbane location
On behalf of the CBRE Queensland Retail Investments team, we are delighted to present this rare opportunity to purchase a brand new Brisbane metropolitan service centre anchored by some of the biggest names in their respective industries, 7-Eleven and Subway. The property is located at 2660 Logan Road, Eight Mile Plains QLD.

This compelling investment opportunity offers the following key attributes:

- Dominant corner position, less than 14km* to the Brisbane CBD;

- Long WALE – 10.9* years (by income);

- Income growth via strong net leases with annual increases;

- Substantial depreciation benefits from brand new construction;

- Security of income with the centre 91% occupied by leading national tenants;

- Anchored by 7-Eleven, the largest convenience and petrol retailer in Australia with more than 650 stores;

- Prominent location with significant frontage to 44,000* cars daily on a major arterial road and Gateway Motorway entrance; and

- $406,145 pa* net passing income as at 1 July 2019.

THE PROPERTY IS FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 8 AUGUST 2019 AT 4PM (AEST)

A copy of the Information Memorandum and Due Diligence package is available upon request from the exclusively appointed CBRE agents.

Property ID: 503259770Last Updated: 12 Sep 2019

CBRE - Brisbane
2660 Logan Road
Eight Mile Plains, QLD 4113
Darren Collins

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

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CBRE - Brisbane

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CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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Kevin Tong
CBRE - Brisbane
2660 Logan Road Eight Mile Plains, QLD 4113

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

Kind Regards,

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