Blue Chip Service Station Investment – Residential Growth Location
166 Pumicestone Road , Caboolture QLD
Property Highlights
Description
New 15 year lease to 2032 plus 4 x 5 year options to 2052
Guaranteed growth – fixed annual 3% rental increases
7 Eleven: Major growing fuel network of 630 plus petrol stations and convenience stores across Australia with sales of $3.6 billion
Lessee pays all usual outgoings excluding land tax
Strategic 2,131 sqm corner site, with 87m exposure to busy Pumicestone Rd
Prime position 1km from D’Aguilar Highway & Caboolture Bypass that links the Bruce Highway and Caboolture’s CBD
Major taxation depreciation benefits – built June 2017
Caboolture: part of the Moreton Bay region, a key growth corridor north of Brisbane with a population of 434,751 (12.5% growth since 2011)
Rent: $304,500 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property Details
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