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Sold on 19 Dec 2018

148 Station Road, Burpengary QLD 4505

  • Retail
  • Floor Size397 m²
  • PriceSold

7-Eleven and Hogs Breath Express - Two Tenants - 100% Leased

148 Station Road represents a prime multi-tenanted retail investment with the anchor tenant underwriting the income for up to 37 years. The focus of this centre is on convenience - fuel and food.

With Burpengary's forecast growth rate at a massive 3.2% p.a., the demographic demand drivers from young families moving into the area look excellent.

Well positioned in front of a major school and adjacent to Burpengary's principle shopping precinct, the property has a positive and long term future as the suburb doubles in population.

The property offers:

- An attractive mix of 2 food/fuel retail tenants with 100% of the income underwritten by national tenants with long leases.
- A very fast growing suburb with young families requiring several cars to transport themselves around the region.
- A new investment property with substantial tax deductions.

An Information Memorandum is available upon request.

For Sale by Expressions of Interest, closing Thursday 8 November 2018.

Retail Investment - Service Station - Fully Leased - Fast Food - Brand New - Long WALE - High Level Depreciation - Recently Completed

Property Highlights

Property ID2014686106
Date Sold19 Dec 2018
Floor Area397 m²
Land Area4,041 m²
ParkingAsk Agent
Category
Last updated  19 Oct 2018
Map for 148 Station Road, Burpengary QLD 4505
Ray White Commercial (QLD)
Level 26 111 Eagle St Brisbane City QLD 4000

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