SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

New 7-Eleven in QLD’s #1 Growth Location

7005 Mount Juillerat Drive, Redbank Plains QLD

Property Highlights

Brand New 12 Year Lease
Annual Fixed 3% Rent Increases
Forecast 151% Population Growth
Register to Bid

Description

New 12 year lease to Australia’s number 1 convenience retailer.
Freestanding retail investment, seamlessly integrated with new McDonald’s (opening late 2020).
High-profile, gateway location linking Centenary Hwy and Redbank Plains town centre.
Ipswich: 28km* from Brisbane CBD, projected for the State’s largest population increase, forecast to grow by 151% to 557,649 residents by 2041**.
Strategic convenience site within 600m* of two schools, Fernbrooke State School and Staines Memorial College (combined 1,438 student capacity).
Attractive net lease with annual compounding 3% rent increases.
Brand new development with full depreciation tax benefits.
Secure Essential Service investment.
Estimate net income: $330,000pa.

Property proudly developed by DeLuca

*approx.
**QLD Government Medium Estimates and profile.id

Investment Portfolio Auction 137
Melbourne
Auction 10:30am AEST, Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
1,409 SQM
Building Area
190 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights