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148 Station Road Burpengary, QLD 4505

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148 Station Road,
Burpengary, QLD 4505

Shops & Retail • Warehouse, Factory & Industrial • Other

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Map of 148 Station Road

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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

Burpengary, 4505 demographic data

The median household income for Burpengary is $1,720, 7% lower than Greater Brisbane's household income of $1,849. Burpengary has a similar age profile compared to the rest of Greater Brisbane (median age 36). Property ownership data shows 60% of property owners in Burpengary have a mortgage.

16,488
Population
$1,720 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households
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148 Station Road
Burpengary, QLD 4505

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