Affordable ASX Listed Fuel Investment. Strong South East Queensland Growth Corridor
40 Rochester Drive, MOUNT WARREN PARK QLD
Property Highlights
Rent paid annually in advance
Huge 3,729 sqm freehold site
Leased to ASX Listed Caltex Australia
Description
– 5 year lease to December 2021 with option to 2026
– Rent paid annually in advance
– Tenant pays all outgoings excluding Land Tax
– Annual rent reviews
– Huge 3,729 sqm freehold site – 98 metre frontage to Rochester Drive with direct access to Pacific Motorway
– Prominent position adjoining strong trading IGA Supermarket Jetts Fitness and neighbourhood shopping centre
– Fully leased to Caltex Australia: ASX Listed fuel supplier with 1,800 sites across the country
– Mt. Warren Park: Booming growth corridor between Brisbane and
Gold Coast – 35km to Brisbane CBD
– Rent: $210,000 pa
Indicative pricing: $2,750,000 representing a yield of 7.54%
Property Details
Listing
Sale
Land Size
3,729 SQM
Building Area
1 SQM