Strategic Coles Express Investment
73 Railway Street , Gatton QLD
Property Highlights
Description
+ Secure 10 year lease direct to Coles Group to June 2026 plus options to 2036
+ Annual reviews to the lesser of 4x CPI or 4%
+ Tenant pays usual outgoings as per the lease including single holding land tax
+ Coles Express: 710+ outlets across the country & subsidiary of ASX Top 20 company Coles Group – Market cap $17B
+ Blue chip retail position adjoining KFC and opposite Charter Hall-owned Gatton Square, anchored by high volume Coles, McDonalds, BWS, specialty shops and 269 car parking spaces
+ As new improvements constructed 2017 including double skin fibreglass tanks providing significant tax depreciation benefits
+ Gatton: Administrative and economic capital of the Lockyer Valley, 30km west from Toowoomba CBD and conveniently located 89km from inner city Brisbane
+ Net Rent: $345,569 pa
For Sale by Private Treaty
Property Details