Share this property

realcommercial.com.au

1001-1003 South Pine Road Everton Hills, QLD 4053

Directions

1001-1003 South Pine Road,
Everton Hills, QLD 4053

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of 1001-1003 South Pine Road

Directions

BRISBANE'S HOTTEST METROPOLITAN RETAIL INVESTMENT

  • Prime tenants 7-Eleven & The Coffee Club
  • 12.5 year WALE (by income)
  • Prominent metropolitan location
On behalf of the CBRE Queensland Retail Investments team, we are delighted to present this rare opportunity to purchase a new Brisbane metropolitan service centre anchored by some of the biggest names in their respective industries, 7-Eleven and The Coffee Club. The property is located at 1001-1003 South Pine Road, Everton Hills.

This compelling investment opportunity offers the following key investment attributes:

- Metropolitan location less than 9km* to the Brisbane CBD;

- Long WALE – 12.5* years (by income);

- Income growth via favourable net leases with fixed annual income growth from 3% and 4% increases;

- Substantial depreciation benefits from near new construction by leading builders, Hutchinson Constructions;

- Security of income with the centre 100% occupied by leading national tenants;

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

- Prominent elevated location with an 85* metre frontage to a major arterial road; and

- $441,299 pa* net passing income as at 7 March 2019.

THE PROPERTY IS FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH MARCH 2019 AT 4.00PM (AEDT).

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

Property ID: 503090342Last Updated: 9 Feb 2024

04220503...
realcommercial.com.au logo
1001-1003 South Pine Road
Everton Hills, QLD 4053
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.