BEGIN:VCALENDAR
PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN
VERSION:2.0
BEGIN:VEVENT
DESCRIPTION:Must Be Sold  Realisation Auction | Irreplaceable Land Rich Go
 ld Coast Freehold - Anchored by Dual Listed Global Giant\nCBRE is pleased
  to present to the market British Petroleum & The Yiros Shop\, located at
  383 Southport Nerang Road\, Molendinar (Gold Coast) QLD 4214 for sale vi
 a Investment Portfolio Auction 185.\n\nThe opportunity has the following 
 investment highlights:\n\n+ Anchored by a ten (10) year head company leas
 e to BP to May 2031\, plus four (4) further five (5) year options to 2051
 \n+ British Petroleum (BP): dual listed (LON: BP) (NYSE: BP) internationa
 l oil and gas powerhouse\, with 21\,200+ retail sites across 70 countries
 \, and a combined current market cap of $204 billion* (1)\n+ Supported by
  a brand new ten (10) year net lease to The Yiros Shop (TYS) to November 
 2035\, plus two (2) further seven (7) year options to 2049\n+ The Yiros S
 hop: One of Australia's fastest growing fast-food brands with 15+ stores 
 nationally\, and a dominant pipeline of 20+ new locations in the next 12-
 24 months (2)\n+ Land rich 3\,565sqm* corner site with a combined 122m* o
 f dual street frontage to Southport Nerang Road & Industrial Avenue\, ens
 uring exceptional visibility\, accessibility and long-term trade of the t
 enants (3)\n+ Southport-Nerang Road: a major arterial connecting to Surfe
 rs Paradise and Southport\, providing direct exposure to 260\,000+ passin
 g vehicles weekly* (4)\n+ State-of-the-art construction in 2021 including
  264sqm* BP retail store\, 260sqm* fast food restaurant including importa
 nt drive-thru\, providing modern fuel equipment and significant long-term
  depreciation benefits to the incoming purchaser\n+ Mixture of annual fix
 ed 3.50% increases and CPI reviews (capped at 3.25%)\, providing annual\,
  compounding income growth\n+ Landlord-favourable lease terms\, with BP a
 nd TYS paying all usual outgoings\, excluding land tax and BP's building 
 insurance\n+ Importantly\, for future development under the lease provisi
 ons\, BP is responsible for all maintenance\, repairs and replacement of 
 fuel tanks\, fuel equipment and future site remediation*\n+ Directly adjo
 ining General Self Storage new 3 level facility and surrounded by complem
 entary national retailers including McDonald's\, Supercheap Auto\, Anacon
 da\, RSEA\, Spotlights\, Petstock & ALDI\n+ Adjoining three-storey\, 15\,
 736sqm\, $100m National Storage Development\, illustrating the long-term 
 value of the landholding \n+ Gold Coast: Global tourism powerhouse and Au
 stralia's most populated non-capital city with 762\,000+ residents\, anti
 cipating a 31% increase to over 1\,000\,000 by 2041 (5)\n+ Estimated Net 
 Income: $607\,689 pa* + GST\n\nFor Sale via Investment Portfolio Auction 
 185\n10.30am AEST Thursday 25 June 2025\nLevel 3\, Waterfront Place\, Bri
 sbane City\n\nPlease contact the exclusively appointed sales team for mor
 e information\n\n*Approx. \n\n(1) BP\n(2) The Yiros Shop\n(3) Landchecker
 \n(4) GapMaps\n(5) Gold Coast City Council
DTEND:20260625T113000
DTSTAMP:20260527T070822Z
DTSTART:20260625T103000
LOCATION:Level 3\, 1 Eagle St\, Brisbane
SEQUENCE:0
SUMMARY:Auction: 383 Nerang Road\, Molendinar QLD
UID:CRE-2020873144-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Must Be Sold  Realisation Auction |
  Irreplaceable Land Rich Gold Coast Freehold - Anchored by Dual Listed Gl
 obal Giant <br/> CBRE is pleased to present to the market British Petrole
 um & The Yiros Shop\, located at 383 Southport Nerang Road\, Molendinar (
 Gold Coast) QLD 4214 for sale via Investment Portfolio Auction 185. <br/>
   <br/> The opportunity has the following investment highlights: <br/>  <
 br/> + Anchored by a ten (10) year head company lease to BP to May 2031\,
  plus four (4) further five (5) year options to 2051 <br/> + British Petr
 oleum (BP): dual listed (LON: BP) (NYSE: BP) international oil and gas po
 werhouse\, with 21\,200+ retail sites across 70 countries\, and a combine
 d current market cap of $204 billion* (1) <br/> + Supported by a brand ne
 w ten (10) year net lease to The Yiros Shop (TYS) to November 2035\, plus
  two (2) further seven (7) year options to 2049 <br/> + The Yiros Shop: O
 ne of Australia's fastest growing fast-food brands with 15+ stores nation
 ally\, and a dominant pipeline of 20+ new locations in the next 12-24 mon
 ths (2) <br/> + Land rich 3\,565sqm* corner site with a combined 122m* of
  dual street frontage to Southport Nerang Road & Industrial Avenue\, ensu
 ring exceptional visibility\, accessibility and long-term trade of the te
 nants (3) <br/> + Southport-Nerang Road: a major arterial connecting to S
 urfers Paradise and Southport\, providing direct exposure to 260\,000+ pa
 ssing vehicles weekly* (4) <br/> + State-of-the-art construction in 2021 
 including 264sqm* BP retail store\, 260sqm* fast food restaurant includin
 g important drive-thru\, providing modern fuel equipment and significant 
 long-term depreciation benefits to the incoming purchaser <br/> + Mixture
  of annual fixed 3.50% increases and CPI reviews (capped at 3.25%)\, prov
 iding annual\, compounding income growth <br/> + Landlord-favourable leas
 e terms\, with BP and TYS paying all usual outgoings\, excluding land tax
  and BP's building insurance <br/> + Importantly\, for future development
  under the lease provisions\, BP is responsible for all maintenance\, rep
 airs and replacement of fuel tanks\, fuel equipment and future site remed
 iation* <br/> + Directly adjoining General Self Storage new 3 level facil
 ity and surrounded by complementary national retailers including McDonald
 's\, Supercheap Auto\, Anaconda\, RSEA\, Spotlights\, Petstock & ALDI <br
 /> + Adjoining three-storey\, 15\,736sqm\, $100m National Storage Develop
 ment\, illustrating the long-term value of the landholding  <br/> + Gold 
 Coast: Global tourism powerhouse and Australia's most populated non-capit
 al city with 762\,000+ residents\, anticipating a 31% increase to over 1\
 ,000\,000 by 2041 (5) <br/> + Estimated Net Income: $607\,689 pa* + GST <
 br/>  <br/> For Sale via Investment Portfolio Auction 185 <br/> 10.30am A
 EST Thursday 25 June 2025 <br/> Level 3\, Waterfront Place\, Brisbane Cit
 y <br/>  <br/> Please contact the exclusively appointed sales team for mo
 re information <br/>  <br/> *Approx.  <br/>  <br/> (1) BP <br/> (2) The Y
 iros Shop <br/> (3) Landchecker <br/> (4) GapMaps <br/> (5) Gold Coast Ci
 ty Council</P></body></html>
END:VEVENT
END:VCALENDAR
