Stonebridge is pleased to present to the market 'Shell Hatton Vale' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Secure 10 year lease to 2030 + options to 2050 with fixed 3% annual rent increases
- Shell Boss Group: Proven and established fuel and convenience retailer with an extensive network of 16 BP, Shell and Ampol branded sites throughout South-East Queensland
- Improvements newly completed in 2020, providing significant depreciation benefits
- Commanding 7,474 sqm* site boasting 125 metre* frontage to Warrego Highway (21,619+ vehicles daily) the important primary transport route for commuters, freight and logistics between Brisbane and Toowoomba
- Well configured site with three street frontages and dual street access, including direct access off Warrego Highway
- 29 onsite car parks plus dedicated heavy vehicle/truck manoeuvrability lane and hi-flow diesel offering
- Hatton Vale Only 45 minutes* west of Brisbane and part of emerging Lockyer Valley Region population forecast to grow 36% by 2041
- Near established and booming Plainland growth area, incorporating 623 new homes, new Bunnings, McDonalds, KFC and plethora of additional retailers
- Tenant pays usual outgoings as per lease including Land Tax, General Repairs & Maintenance and Environmental
- Lease secured by Personal Directors Guarantee & Bank Guarantee equivalent to 3 months' rent + GST
- Net Income $602,926 pa* + GST
*Approximate
'Shell Hatton Vale' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 831
