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127-129 High Street
Stanthorpe QLD 4380
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Sold on 24 Jul 2018

127-129 High Street Stanthorpe QLD 4380

  • Shop & Retail
  • 1,623 m²
  • Sold

Woolworths Petrol Station - 15 Year Lease + Development Upside

  • Ground lease to Woolworths Ltd
  • 15 year lease to 2030 + options to 2050
  • Net income $71,297 pa + GST

Cushman and Wakefield are pleased to present to the market 127-129 High Street, Stanthorpe for sale via Auction on Tuesday 24 July at 10:30am.

• The property has the following key characteristics:
• 15 year lease to 2030 plus options to 2050
• Woolworths Limited - An ASX 20 company and a market leader with in excess of 500 service stations across Australia
• Strategic 1,623 sqm main road site in the heart of Stanthorpe
• Stanthorpe: Part of the Granite Belt located 3 hours from Brisbane and known for its large scale Agricultural economy, Wineries and Tourism
• 127 High Street - adjoining lot is for sale independently. Comprising 1,107 sqm with access through the Woolworths Petrol Station and Lock Street. Proposed development ideally suited to fast food drive through or retail (STCA)
*Approx.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.

AUCTION

Auction date and time24/07/2018 10:30
Auction locationCushman & Wakefield Sydney Office - Level 22, 1 O’Connell St, Sydney

Property Highlights

Date Sold24 Jul 2018
Floor AreaAsk Agent
Land Area1,623 m²
ParkingOn site parking available
Property ID2014463058
Category
Last updated  14 Sep 2018
Map for 127-129 High Street Stanthorpe QLD 4380

Property Highlights

Date Sold24 Jul 2018
Floor AreaAsk Agent
Land Area1,623 m²
ParkingOn site parking available
Property ID2014463058
Category
Last updated  14 Sep 2018

Listed by

Cushman & Wakefield Brisbane
Call
07 3852 2280

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