Brand New State-of-the-art Fast Food & Convenience Retail Investment | 7 Level Zoned Site

Burgess Rawson is pleased to offer EG Caboolture South (Brisbane) QLD to the market via for sale via our Investment Portfolio Auction 168.

The property has the following investment features:

+ Brand new twelve (12) year lease through to 2036 with five (5) further five (5) year options to 2061 – a whole of land lease direct to EG Group
+ EG Group: Multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally.(1)
+ Oporto: National fast-food operator, part of Craveable Brands operating 580+ restaurants including Oporto, Red Rooster & Chicken Treat, owned by PAG Asia Capital.(2)
+ Brand new state-of-the-art fuel and convenience retail centre including Oporto dual lane drive-thru offering.
+ Highly desirable General Residential – Urban Neighbourhood zoning allowing for development up to seven (7) levels.
+ Desirable annual CPI rent reviews (min 2%, max 4%).
+ High profile 2,687 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly.
+ Important Convenience retail location, nearby to the Woolworths anchored Market Plaza Shopping Centre and Leda Property’s Morayfield Shopping Centre with 6 million annual visitors.(3)
+ Brand new 2024 construction, offering significant 107% tax depreciation benefits meaning $518,000 of year one rent is potentially tax deductable.
+ Major investment into the Moreton Bay Region with the Queensland Government committing over $6 billion into improving the region for FY23-24 budget.(4)
+ Caboolture: Booming median house price which has increased by 36.9% since April 2021.(5)
+ City of Moreton Bay: Australia’s third largest LGA by population, forecasted to grow to over 796,000 by 2046 (6) and currently generates $19.9 billion in gross regional product supported by over 158,800 local jobs.(7)
+ Net Income: $485,024 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approximately
(1) EG Group
(2) Oporto
(3) Morayfield Shopping Centre
(4) Regional Action Plan – Moreton Bay Budget
(5) realestate.com.au
(6) Queensland Regional Profiles: Resident – Moreton Bay
(7) Profile.id