PREMIUM METROPOLITAN RETAIL INVESTMENT 6KMS FROM BRISBANE CBD
- 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.