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1001-1003 South Pine Road
Everton Hills QLD 4053
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Sold on 1 Aug 2019

1001-1003 South Pine Road Everton Hills QLD 4053

  • Shop & Retail
  • 294 m²
  • Sold

BRISBANE'S HOTTEST METROPOLITAN RETAIL INVESTMENT

  • Prime tenants 7-Eleven & The Coffee Club
  • 12.5 year WALE (by income)
  • Prominent metropolitan location

On behalf of the CBRE Queensland Retail Investments team, we are delighted to present this rare opportunity to purchase a new Brisbane metropolitan service centre anchored by some of the biggest names in their respective industries, 7-Eleven and The Coffee Club. The property is located at 1001-1003 South Pine Road, Everton Hills.

This compelling investment opportunity offers the following key investment attributes:

- Metropolitan location less than 9km* to the Brisbane CBD;

- Long WALE 12.5* years (by income);

- Income growth via favourable net leases with fixed annual income growth from 3% and 4% increases;

- Substantial depreciation benefits from near new construction by leading builders, Hutchinson Constructions;

- Security of income with the centre 100% occupied by leading national tenants;

- Anchored by 7-Eleven, the largest convenience and petrol retailer in Australia with more than 650 stores;

- Prominent elevated location with an 85* metre frontage to a major arterial road; and

- $441,299 pa* net passing income as at 7 March 2019.

THE PROPERTY IS FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH MARCH 2019 AT 4.00PM (AEDT).

A copy of the Information Memorandum and Due Diligence package is available upon request from the exclusively appointed CBRE agents.

Property Highlights

Date Sold1 Aug 2019
Floor Area294 m²
Land Area2,378 m²
ParkingOn site parking available
Property ID2014930061
Category
Last updated  9 Feb 2024
Map for 1001-1003 South Pine Road Everton Hills QLD 4053

Property Highlights

Date Sold1 Aug 2019
Floor Area294 m²
Land Area2,378 m²
ParkingOn site parking available
Property ID2014930061
Category
Last updated  9 Feb 2024

Listed by

Joe Tynan
Joe Tynan
CBRE Brisbane
Call
0422 050 338

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