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107 Lower King Street, Caboolture, Qld 4510

107 Lower King Street, Caboolture, Qld 4510

Retail Showrooms/Bulky Goods Industrial/Warehouse

  • Sold Contact Agent
  • Fri 09-Aug-19

Brand New Fuel & Convenience Retail Centre - 15 Year Lease

  • Newly constructed premises
  • Complimentary tenancy mix
  • Net Income $437,707 pa + GST

  • Land Area
  • 2443.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Whole
  • Last Updated
  • Aug 09, 2019
  • Parking Comments
  • Ample on site parking

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

Michael Collins, Cushman & Wakefield - Brisbane
Michael Collins
Mitchell Willett, Cushman & Wakefield - Brisbane
Mitchell Willett

Brand New Fuel & Convenience Retail Centre - 15 Year Lease

Cushman and Wakefield are pleased to present to the market 107 Lower King Street for sale via Auction.

The property has the following key characteristics:

• 15 year lease to 2034 + options to 2054
• 7 Eleven - Australia’s third largest private company with a network of over 650 convenience stores
• Complimentary tenancy mix with Beechmere Bakery (10 year lease + options) and Sandellas Flat Bread (5 year lease + option)
• Newly constructed premises completed in 2019 offering significant tax depreciation benefits
• Highway thoroughfare corner site with exposure to 28,000+ cars daily
• Commanding 2,443 sqm corner site with dual street access in close proximity to the Bruce Highway
• Thriving commercial catchment surrounded by national tenants including Coles, Woolworths, Aldi, McDonalds and the Caboolture Town Square and Private Hospital
• Caboolture - Flourishing residential satellite city of Brisbane serving as the gateway to the Sunshine Coast
• Fixed 3% and 4% annual rent increases
• Net Income $437,707 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on

107 Lower King Street, Caboolture, Qld 4510

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