Impressive Blue-Chip Retail Investment – High Growth Moreton Bay Region

62-64 Beerburrum Road, Caboolture QLD

Property Highlights

15 year net lease to 7-Eleven to 2032
Fixed annual 3% rent increases
Significant depreciation benefits

Description

+ Near New 15 year lease direct to 7-Eleven to 2032 plus options to 2047.
+ Guaranteed rent growth – 3% annual rent increases.
+ Tenant pays all usual outgoings as per the lease – excluding Land Tax.
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 locations and 38% market share and expanding by around 30 stores annual across Australia.
+ Prime corner site with 72 metres of combined frontage and high visibility to Beerburrum Road, Caboolture’s main arterial carrying over 24,000 vehicles daily.
+ Strategic retail convenience location between the D’Aguilar Highway and Caboolture Train Station, with circa 2,500 users Monday – Friday (Source: railbotforum) and includes 675 car parking spaces.
+ As new improvements including double skin fibreglass tanks constructed 2017 providing significant depreciation benefits.
+ Moreton Bay Region: One of Australia’s fastest-growing urban regions with over 50% residential population growth to 690,000 residents by 2041. 50km north from Brisbane City and 55km south from the Sunshine Coast.
+ Net Income: $340,112

Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
1,507 SQM
Building Area
187 SQM

Contact Agents

Jamie Perlinger

0413 860 315

Contact Me

Scott Meighan

0413 830 709

Doug Doyle

0400 564 623

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