SOLD - Oxley (Brisbane) - Woolworths Petrol Station + Carwash HQ

Cushman & Wakefield are pleased to present to the market 5 Alban Street (Cnr of Blunder Road), Oxley Brisbane for sale via Public Auction.

The property has the following key characteristics:

• Woolworths Petrol Limited - EG Fuel Co (Australia) Ltd, market leading tenant with over 530 service stations across Australia and 6,000 sites globally
• Commanding high profile 3,373 sqm main road corner site with dual street access and 90+ metre frontage
• Modern facility with fibreglass tanks built in 2002 (petrol station) and 2008 (car wash)
• Woolworths Petrol renewed 10 year lease to February 2029 + 1 x 10 year option to 2039
• Carwash Headquarters renewed 10 year lease to December 2028
• Positioned amongst busy retail precinct - Major retailers including Bunnings, Harvey Norman, JB Hi-Fi, McDonald’s within 600 metres
• Highly desirable landlord friendly leases - Tenants pay all outgoings excluding 25% of Land Tax
• Net Income $414,532 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 22 August at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.