SOLD - Beaudesert - Striking Fast Food & Convenience Retail Asset - Blue Chip Tenants

Cushman & Wakefield is pleased to present to the market 1 Oakland Way, Beaudesert for Sale via Expressions of Interest.

The property has the following key characteristics:

• Ampol - 15 year lease to September 2032 + options to 2052. ASX100 company across 1,900 locations. Market Cap $7.09 Billion
• Red Rooster - 10 year lease to September 2028 + options to 2041. National fast food chain with 360+ stores, owned by $800 Million giant ‘Craveable Brands’
  Modern service station & drive thru built in 2017 & recently upgraded to the latest Ampol & Foodary corporate branding, providing significant depreciation benefits
• Prominent ‘gateway’ position at the entrance to the town, adjacent to IGA & near Coles anchored Beaudesert Fair Shopping Centre, Repco, Mitre 10, NAB & Centrelink
• Strategically located as the last service station leaving Beaudesert & the only fuel for 20 km
• Fully signalised intersection with significant 110m+ frontage to Oakland Way & Beaudesert Nerang Road - The major arterial connecting the Gold Coast & Beaudesert
• Beaudesert - At the entrance of the Queensland’s Scenic Rim, the town has undergone significant infrastructure & amenity upgrades to prepare for a massive uplift in population plus the Logan-Beaudesert region is QLD’s second strongest growth area
• Favourable environmental provisions, ownership of the tanks & full remediation the responsibility of Ampol
• Tenants pay outgoings including Council Rates, Insurance & proportion of Land Tax
• Net Income $407,137 pa + GST

The investment is for sale by way of Expressions of Interest closing Wednesday 29 September at 4pm.

Should you hold interest in the asset please contact the exclusively appointed Cushman & Wakefield property professionals.