Strategic Coles Express Investment

73 Railway Street, Gatton QLD

Property Highlights

10 Year Lease To Coles Group + Options
High Profile Site Adjoining KFC
Key Retail Location on Main Arterial

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

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
1,727 SQM
Building Area
80 SQM

Contact Agents

Jamie Perlinger

0413 860 315

Contact Me

Scott Meighan

0413 830 709

Doug Doyle

0400 564 623

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