Burgess Rawson is pleased to offer EG Caboolture South (Brisbane) QLD to the market via for sale via our Investment Portfolio Auction 168.
The property has the following investment features:
+ Brand new twelve (12) year lease through to 2036 with five (5) further five (5) year options to 2061 - a whole of land lease direct to EG Group
+ EG Group: Multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally.(1)
+ Oporto: National fast-food operator, part of Craveable Brands operating 580+ restaurants including Oporto, Red Rooster & Chicken Treat, owned by PAG Asia Capital.(2)
+ Brand new state-of-the-art fuel and convenience retail centre including Oporto dual lane drive-thru offering.
+ Highly desirable General Residential Urban Neighbourhood zoning allowing for development up to seven (7) levels.
+ Desirable annual CPI rent reviews (min 2%, max 4%).
+ High profile 2,687 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly.
+ Important Convenience retail location, nearby to the Woolworths anchored Market Plaza Shopping Centre and Leda Property's Morayfield Shopping Centre with 6 million annual visitors.(3)
+ Brand new 2024 construction, offering significant 107% tax depreciation benefits meaning $518,000 of year one rent is potentially tax deductable.
+ Major investment into the Moreton Bay Region with the Queensland Government committing over $6 billion into improving the region for FY23-24 budget.(4)
+ Caboolture: Booming median house price which has increased by 36.9% since April 2021.(5)
+ City of Moreton Bay: Australia's third largest LGA by population, forecasted to grow to over 796,000 by 2046 (6) and currently generates $19.9 billion in gross regional product supported by over 158,800 local jobs.(7)
+ Net Income: $485,024 pa* + GST.
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approximately
(1) EG Group
(2) Oporto
(3) Morayfield Shopping Centre
(4) Regional Action Plan - Moreton Bay Budget
(5) ***
(6) Queensland Regional Profiles: Resident - Moreton Bay
(7) Profile.id
