As New, Landmark Highway Convenience Retail Investment

Description

Burgess Rawson are pleased to offer to the market the United Petroleum at 19 Henry Street (D’Aguilar Highway) Nanango QLD for sale via Investment Auction Portfolio 167.

The property has the following investment highlights:

+ Brand new 12-year net lease to 2036 plus four (6) further five (5) year options to 2066.
+ United Petroleum: Top tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with approximately 500 sites nationally.**
+ Strong and certain rental growth with fixed annual, compounding 3% increases.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rate, repairs and maintenance.
+ Built 2018, offering modern infrastructure and substantial depreciation benefits.
+ Landmark 4,046sqm* retail site with over 135m* of corner frontage and exposure to D’Aguilar Highway.
+ D’Aguilar Highway is an important main road arterial linking the Moreton Bay Region to Queensland’s regional highways.
+ Surrounded by important social infrastructure, including 3 schools within 900m* servicing over 1,000 full-time students.***
+ South Burnett Regional Council: diversified economy boasting a GRP of $1.94 billion.****
+ The Wide Bay Burnett Region: a key growth corridor of Queensland, experiencing rapid residential population growth that now exceeds 317,000.****
+ Rent: $375,000 pa* + GST.

To be sold via Investment Portfolio Auction 167
Thursday 28 March 2024
Hilton Hotel, Brisbane
Unless Sold Prior

*Approx
** United Petroleum
*** GapMaps
****Economy.id

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Rick Jacobson Sales Executive
0413 830 083
Neville Smith Partner
0400 068 205
Andrew Havig Partner
0478 010 990
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Nanango, QLD

19 Henry Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 167

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