As New, Landmark Highway Convenience Retail Investment

19 Henry Street , Nanango QLD

Property Highlights

New 12-year lease to 2036
Annual 3% rent increases
Significant depreciation benefits
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Description

Burgess Rawson are pleased to offer to the market the United Petroleum at 19 Henry Street (D’Aguilar Highway) Nanango QLD for sale via Investment Auction Portfolio 167.

The property has the following investment highlights:

+ Brand new 12-year net lease to 2036 plus four (6) further five (5) year options to 2066.
+ United Petroleum: Top tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with approximately 500 sites nationally.**
+ Strong and certain rental growth with fixed annual, compounding 3% increases.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rate, repairs and maintenance.
+ Built 2018, offering modern infrastructure and substantial depreciation benefits.
+ Landmark 4,046sqm* retail site with over 135m* of corner frontage and exposure to D’Aguilar Highway.
+ D’Aguilar Highway is an important main road arterial linking the Moreton Bay Region to Queensland’s regional highways.
+ Surrounded by important social infrastructure, including 3 schools within 900m* servicing over 1,000 full-time students.***
+ South Burnett Regional Council: diversified economy boasting a GRP of $1.94 billion.****
+ The Wide Bay Burnett Region: a key growth corridor of Queensland, experiencing rapid residential population growth that now exceeds 317,000.****
+ Rent: $375,000 pa* + GST.

To be sold via Investment Portfolio Auction 167
Thursday 28 March 2024
Hilton Hotel, Brisbane
Unless Sold Prior

*Approx
** United Petroleum
*** GapMaps
****Economy.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
4,046 SQM
Building Area
1 SQM

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