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Strategic Coles Express Investment

73 Railway Street, GATTON QLD, 4343

For Sale

Property for Sale in 73 Railway Street, GATTON QLD, 4343

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Doug Doyle
Listing ID:
11368680
Status:
Active
For:
Sale
Price:
Price on request
Last Updated:
10/12/2019
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
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Land Area

1727 SQM
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Floor Area

80 SQM
Icon parking

Parking

N/A

Strategic Coles Express Investment

+ Secure 10 year lease direct to Coles Group to June 2026 plus options to 2036

+ Annual reviews to the lesser of 4x CPI or 4%

+ Tenant pays usual outgoings as per the lease including single holding land tax

+ Coles Express: 710+ outlets across the country & subsidiary of ASX Top 20 company Coles Group – Market cap $17B

+ Blue chip retail position adjoining KFC and opposite Charter Hall-owned Gatton Square, anchored by high volume Coles, McDonalds, BWS, specialty shops and 269 car parking spaces

+ As new improvements constructed 2017 including double skin fibreglass tanks providing significant tax depreciation benefits

+ Gatton: Administrative and economic capital of the Lockyer Valley, 30km west from Toowoomba CBD and conveniently located 89km from inner city Brisbane

+ Net Rent: $345,569 pa


Auction 11am AEDT Wednesday 11 December

Crown Casino, Melbourne, VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Doug Doyle

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