Brand New Fast Food Drive Thru | 10 Year Net Lease + Options

Description

Burgess Rawson & Commercial East Coast Investments are pleased to offer to the market 200 Kingston Road, Slacks Creek for sale via Offers to Purchase.

This opportunity has the following key investment highlights:

+ New 10 year net lease to 2034 plus two (2) further five (5) year options to 2044
+ Slim’s Quality Burger: from the founders of Betty’s Burgers, established in multiple locations throughout Sydney with two new outlets in Brisbane and expanding
+ Fast food restaurant with drive-thru completed and opened in May 2024
+ Significant depreciation benefits: estimate of $90,500* in the first year
+ Tenant pays all outgoings including land tax and management fees
+ Prime 74m* frontage to Kingston Road with 35,000+ vehicles passing daily*
+ Dedicated on-site parking including 7 ‘QR Code’ ordering bays
+ Located within Slacks Creek industrial precinct, alongside national retailer United Petroleum, in a new landmark retail and commercial development
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects
+ Net Income: $170,000 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson & Commercial East Coast Investments team for more information

*Approx.

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Contact agents
Neville Smith Partner
0400 068 205
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Slacks Creek, QLD

200 Kingston Road

For Sale

This property is part of Portfolio 169

Price: Contact Agent

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