Circa 10% Return – 7-Eleven Petrol Station Opposite Major Shopping Centre
328-330 James Street, Harristown QLD
Property Highlights
Description
15 year lease to 2020 plus options through to 2025
Head office lease to 7-Eleven Stores Pty Ltd with over 650 stores nationally
Attractive annual fixed 4% rent increases
New double skin tanks installed 2017 with 30 year warranty
Lessee pays outgoings as per lease (excl. land tax)
2,410 sqm site strategically located on a major arterial road James Street (Warrego Highway)
Tenant responsible for environmental and remediation works
High profile location opposite Woolworths Clifford Garden Shopping Centre
Second largest inland city in Australia, 125 km west of Brisbane with a population of over 115,000
Huge economic growth in the region with the Wellcamp Airport, Inland Rail link commissioned and QIC $500M upgrade of the Grand Central Shopping Centre
Net Income: $416,268 pa + GST
Sydney Auction: 11am Tuesday 8 May 2018
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Property Details