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SOLD - Logan Reserve (Brisbane) - Brand New Convenience Retail Centre
2 Bayes Road Logan Reserve QLD 4133
Investments
Investment
Property No.
Key Property Highlights
Building Area | 475 sqm |
---|---|
Land Area | 3246 sqm |
Parking | 25 on grade car parks |
Listing Status | Sold |
Cushman and Wakefield are pleased to present to the market a brand new convenience retail centre for sale via an Expression of Interest campaign closing Thursday 20 September at 4pm.
The property has the following key characteristics:
- 7 Eleven Stores Pty Ltd Corporate lease - Australia’s third largest company with a network of over 650 convenience stores
- Complimentary tenancy mix with fast food and well established tobacconist with 20+ locations, both on new 7 year leases
- Newly constructed premises completed in 2017 offering significant tax depreciation benefits
- Modern, purpose built convenience retail centre improved with landlord friendly dual skinned fiberglass tanks and already constructed drive through capability
- Expansive site with commanding 80 metre arterial road frontage
- Large high profile, 3,246 sqm site along major arterial to rapidly expanding residential catchments
- Logan Reserve - Rapidly expanding suburb connecting Brisbane to the Gold Coast. 3,500 nearby residential lots under development
- Net Income: $403,180 pa + GST
*Approx.
For Sale via Expression of Interest campaign closing on Thursday 20 September at 4pm.