15 Year Lease Plus Options to 2039 – “Under $2.5M, Over 7% Yield”
14/115-117 Buckley Road, Burpengary East QLD
Property Highlights
15 Year Lease to IGA
2 x 5 Year Options
Expanding Residential Precinct
Description
+ IGA: major supermarket retailer with 1,400 stores nationally
+ 15 Year lease to 2029 plus 2 x 5 year options
+ Modern 876 sqm store anchoring the ‘The Hub’ Shopping Centre
+ Only supermarket adjacent North Harbour residential development
+ Expanding home to 650 families with more moving in each week
+ Neighbouring tenants include Liquorland, Childcare, Medical Centre, pharmacy & takeaway food stores
+ 35 Minutes north of Brisbane CBD
+ Net Income $176,785 pa + GST
For Sale via ‘Expressions of Interest’
Offers Closing 4pm AEST, Thursday 4 June 2020
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
867 SQM
Building Area
867 SQM