Burgess Rawson is pleased to offer Carls Jr Caboolture South (Brisbane) QLD to the market for sale via our Investment Portfolio Auction 168.
The property has the following investment features:
+ Brand new fifteen (15) year lease through to 2039 with two (2) further five (5) year options to 2049.
+ Carls Jr: Leading global fast-food operator with 3,800+ stores globally. (1)
+Brand new state-of-the-art Carl's Jr freestanding dual drive-thru facility.
+ Significant 93% tax depreciation benefits meaning $245,000 of year one is potentially tax deductable.
+ Strong and certain rental growth with compounding fixed 3% annual increases.
+ Highly desirable General Residential Urban Neighbourhood zoning allowing for development up to seven (7) levels.
+ Prominent 1,829 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly. (2)
+ Strategic position in close proximity to the Woolworths anchored Market Plaza Shopping Centre and Leda Property's Morayfield Shopping Centre with 6 million annual visitors. (3)
+ 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: $262,545 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) Carl's Jr
(2) GapMaps
(3) Morayfield Shopping Centre
(4) Regional Action Plan - Moreton Bay Budget
(5) ***
(6) Queensland Regional Profiles: Resident - Moreton Bay
(7) Profile.id
