Lot 4, Mount Low Parkway Bushland Beach QLD 4818

Shop & Retail
242 m²
Sold

Brand New 7-Eleven Investment Opportunity

Expansive 3,545sqm* freehold site
Fixed 3% annual rent increases
Outstanding depreciation benefits

- Brand new 12-year lease to 7-Eleven to 2034 plus four (4) further five (5) year options to 2054
- Options 4 x five years to 2054
- Net Income: $340,000 pa* + GST
- Tenant pays all outgoings (excluding land tax)
- Fixed 3% annual rent increases
- High exposure 3,545m²* freehold site directly opposite the Coles anchored Bushland Beach Shopping Centre
- Includes 250m²* of vacant land for future redevelopment (STCA)
- Construction completed in December 2022, allowing for great tax depreciation benefits
- Surrounded by future commercial and residential developments, including a childcare centre, swim school and residential subdivision
- Located in Bushland Beach which is 15km* from the Townsville CBD

For further information contact Peter Wheeler at Colliers.

*Approx.
^Outlines / markups indicative only