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Iconic Inner-City Trophy 7-Eleven – 2.5km to the Brisbane CBD

999 Stanley Street East , East Brisbane QLD

Property Highlights

Brand new 12yr lease to 2042
Fixed 3% annual rental increases
Tenant pays all usual outgoings
Register to Bid

Description

+ Brand new 12 year lease to 2034 plus options to 2054
+ Fixed 3% annual rental increases providing bankable built-in growth
+ Extremely rare inner-city fuel outlet only 2.5kms to the Brisbane CBD
+ 1,196sqm site ideally located fronting major arterial Stanley Street East with significant underlying value
+ Construction completed in May 2022, allowing for outstanding tax depreciation benefits (approx. $143,209 first year tax deprecation)
+ 7-Eleven – Australia’s favourite fuel and convenience offering with over 700 stores nationally
+ Ideal net lease structure – tenant pays all outgoings (excl. land tax)
+ Key growth location only 800m from the Gabba -Brisbane’s proposed 2032 Olympic Games stadium
+ East Brisbane: Affluent and dense catchment filled with important transport connectivity, amenity and social infrastructure
+ Brisbane: The third largest city in Australia, with population forecasted to grow by 230% to 4.2 million residents by 2050
+ Net income of $349,725 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
Hilton Hotel, Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,196 SQM
Building Area
1 SQM

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