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Brand New Trophy Asset - National Tenants - New 15 & 10 Y...

450 Bayswater Road, MOUNT LOUISA QLD, 4814

For Sale

Property for Sale in 450 Bayswater Road, MOUNT LOUISA QLD, 4814

Burgess Rawson (QLD) Pty Ltd

Level 20, 307 Queen Street, Brisbane, QLD 4000

Listing ID:
11278812
Status:
Active
For:
Sale
Price:
Price on Request
Last Updated:
19/02/2018
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Property Type

Retail
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Land Area

4048 SQM
Icon size

Floor Area

1129 SQM
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Parking

N/A

Brand New Trophy Asset - National Tenants - New 15 & 10 Year Leases

Prime high profile corner fuel convenience drive-thru fast food centre
15 Year lease to United Petroleum + options to Dec. 2051 with 3% reviews
10 Year lease to Dominos + options to Nov. 2037 with CPI reviews
15 Year lease to Red Rooster + options to Dec. 2041 with CPI reviews
10 Year lease to Tube Burgers + options to Feb. 2032 with 3.75% reviews
Substantial 4,048 sqm corner site
Lettable area - 1,129 sqm
United Petroleum is Australia's largest independent fuel supplier
Tenants pay outgoings as per respective leases
Constructed in 2016 providing a modern, purpose built fuel station coupled with nationally tenanted drive-thru fast food stores
Huge depreciation & taxation benefits
The property is situated in one of Townsville's strongest growth corridors
Net Income: $501,762 p.a. + GST (Inclusive of Land Tax)

Auction 12 noon AEDT, Wednesday 28 February 2018
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 20, 307 Queen Street, Brisbane, QLD 4000

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