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1266 Anzac Avenue
Kallangur QLD 4503
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Sold on 20 May 2021

1266 Anzac Avenue Kallangur QLD 4503

  • Shop & Retail
  • 309 m²
  • Sold

Newly Built Metro Brisbane Asset Anchored by Multinational Tenant

  • Long term secure 15 & 10 year net leases
  • WALE of 10+ years
  • Net Income $476,415 pa + GST

Cushman & Wakefield's National Investment Sales team, in conjunction with JLL Metropolitan Retail Investments are pleased to present to the market 1266 Anzac Avenue, Kallangur QLD - a strong performing metropolitan Brisbane service station located within one of Queensland's most high-profile growth corridors.

The investment has the following key characteristics:

- Long term, secure 15 & 10 year net leases providing fixed 3% annual rent increases & a WALE of 10+ years
- 77% of income derived from Freedom Fuels A wholly owned subsidiary of multinational giant Idemitsu Kosan Ltd, a Fortune 500 Company with market capitalisation of $873 Billion
- Impressive as-new convenience retail asset built in 2019 offering significant depreciation benefits
- Strategic homebound location with direct site access & exposure to 30,401* vehicles passing daily
- Anzac Avenue - Busy retail carriageway home to KFC, McDonald's, Woolworths, Hungry Jack's & Supercheap Auto
- Kallangur - 25 km north of the Brisbane CBD, part of the rapidly expanding Moreton Bay region, set to grow to 645,000+ people by 2036
- Passive Net lease structures with tenants paying all usual outgoings incl. Management Fees (excl. Land Tax)
- Landlord friendly environmental provisions ensuring tenant is responsible for full site remediation
- Net Income $476,415 pa + GST

For more information please contact the property professionals.

Property Highlights

Date Sold20 May 2021
Floor Area309 m²
Land Area2,952 m²
Parking16 x Onsite parkings
Building TypeWhole building
Property ID2016902769
Category
Last updated  21 Jun 2021
Map for 1266 Anzac Avenue Kallangur QLD 4503

Property Highlights

Date Sold20 May 2021
Floor Area309 m²
Land Area2,952 m²
Parking16 x Onsite parkings
Building TypeWhole building
Property ID2016902769
Category
Last updated  21 Jun 2021
Level 11, 123 Eagle Street Brisbane City QLD 4000
Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane

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