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136 Abbotsford Road
Bowen Hills QLD 4006
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Sold on 5 Nov 2020

136 Abbotsford Road Bowen Hills QLD 4006

  • Shop & Retail
  • 685 m²
  • Sold

Rare Inner City Fuel & Convenience Investment - 3 km from CBD

  • Brand new 15 year net lease
  • Global fuel & convenience retail giant
  • Net Income $310,000 pa + GST

Cushman & Wakefield is pleased to present to the market 136 Abbotsford Road, Bowen Hills (Brisbane) for Sale via Auction.

The property has the following key characteristics:

- 15 year net lease to 2035 + options to 2065
- EG Group - Multinational fuel & convenience retail giant with 2019 Revenue of $32.4 Billion & 6,012 locations globally
- EG Group - Acquired Woolworths Petrol for $1.7 Billion & operate 540+ Woolworths Caltex service stations
- Strategically positioned as the first outbound service station from CBD towards Brisbanes prestigious inner-northern suburbs
- Highly exposed site with 90+ metres of frontage
- Bowen Hills - Premium inner city suburb 3 km from CBD
- Newly built in 2012, the site offers modern improvements & dual-skinned fibre-glass tanks
- Favourable environmental provisions, ownership of the tanks & remediation the responsibility of EG Group
- Tenant pays all outgoings including Land Tax
- Net Income $310,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.

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

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

AUCTION

Auction date and time05/11/2020 12:00
Auction locationDoltone House Hyde Park - 3/181 Elizabeth Street, Sydney

Property Highlights

Date Sold5 Nov 2020
Floor Area685 m²
Land Area1,955 m²
Parking5 x Onsite parkings
Property ID2016521301
Category
Last updated  6 Nov 2020
Map for 136 Abbotsford Road Bowen Hills QLD 4006

Property Highlights

Date Sold5 Nov 2020
Floor Area685 m²
Land Area1,955 m²
Parking5 x Onsite parkings
Property ID2016521301
Category
Last updated  6 Nov 2020

Listed by

Cushman & Wakefield Brisbane
Call
07 3852 2280

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