SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Gold Coast As New Service Centre – High Profile – Fuel + Fast Food

2 Riverview Road, Nerang QLD

Property Highlights

Prime Position Pacific Motorway
Significant Wale - 11 Years Plus
As new Centre - Only 2 Years Old

Description

15 year lease to Caltex Australia – plus options to 2046
10 year lease to Zambrero Drive-thru (head office) plus options to 2036
5 year lease to Sunshine Kebabs (20 locations thru-out QLD) 2021
Tenants pay all outgoings as per the lease
Annual rent increases (CPI, 3% & 3.5%)
Building area – approximately 763 sqm + 459 sqm external area (canopy) licenced to Caltex
Substantial 4,555 sqm site, building area 630 sqm
On-site parking for approximately 40 vehicles
Nerang is a pivotal regional centre located centrally within the Gold Coast, midway between Coolangatta and Beenleigh and within easy driving distance to the hinterland and beaches
Net Income: $509,524 pa + GST

For Sale via ‘Expressions of Interest’
Closing 4pm AEDT Wednesday 27 February 2019

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
4,555 SQM
Building Area
1,222 SQM

Contact Agent

Contact Me

Stay up to date with our latest portfolio auctions & insights