• 11.5 YEAR WALE*
  • Fully Leased Net Income: $595,754pa*
  • Prime 3,187sqm* site

CBRE Queensland Retail Investments are pleased to present Coles Express Moorooka.

Coles Express Moorooka represents a prime opportunity to acquire a near-new service centre on one of Brisbane’s busiest roads, positioned just 6km south-west of the Brisbane CBD.

– 71% of income paid 12 months in advance by blue-chip tenant Viva Energy

– 92% of income securely leased to national tenants Viva Energy & Gloria Jeans with leases until December 2031

– Strategically positioned as the first inbound service station at the end of the Ipswich Motorway with exposure to 75,000* cars daily

– Secured rental growth with fixed reviews between 2.65% – 4% 

– New construction providing incoming purchaser with significant depreciation benefits & tax-effective income

– 3,187sqm* premium corner site with three-street access and over 90 meters of frontage to Ipswich Road in renowned precinct, Moorooka Magic Mile

– Fully Leased Net Income: $595,754pa*

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26 MARCH 2020 AT 4PM (AEST).For further information on this unique opportunity, please contact the exclusive sales and marketing agents.

David Watt: 0478008313

Darren Collins: 0404781787

Joe Tynan: 0422050338

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