Brand New 10 Year Lease to Bridgestone Australia Limited
6 Commercial Circuit, Flagstone QLD
Brand new 10 year lease to 2031 plus option to 2041.
Investor preferred net lease terms with Bridgestone paying all outgoings including Land Tax.
Annual CPI reviews.
Bridgestone: Australia’s largest tyre retailer with 339 stores nationally
Bridgestone Australia Limited is wholly owned by Bridgestone Corporation (TYO: 5108), a AUD$30 billion public company listed on the Tokyo Stock Exchange.
Irreplaceable 1,278sqm landholding with 3 street frontages .
New build, offering significant depreciation benefits.
Prime location opposite the recently built $15.5 million Coles Flagstone Village – Features a 3,500sqm Coles supermarket, nine specialty stores and more than 240 car parking bays.
Less than 2 km from various high profile tenants including Woolworths, 7-Eleven, McDonald’s, BWS and Domino’s.
The City of Logan has a current population of 341,985 with the number forecast to increase by 46% to a population exceeding 500,000 by 2036.*
Declared as a Priority Development Area (PDA) in 2010, Flagstone and Yarrabilba are expected to accommodate a combined 200,000 people by 2066.**
Estimated Net Rent: $100,000 pa.
To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.
** Property Council