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170 Bennetts Road Norman Park QLD 4170

  • Retail
  • 877 m²
  • Expressions of Interest

Prime retail investment 3.5km from Brisbane CBD

. Near new PUMA Energy service station & freestanding commercial building

. Strategic 2,023sqm* main road site in Norman Park located 3.5km* from the Brisbane CBD and 200m* from Norman Park train station

. WALE of 10.42yrs (by income) across two tenants with PUMA Energy providing 84% of income on a 15yr triple net lease with 3.25% fixed rent reviews

. Built new in 2015 with substantial depreciation benefits still in effect

. Service station equipped with latest fuel storage & delivery technology

. Freestanding building significantly under rented, with a market review in 2022

. Estimated net income of $435,072p.a.* as at 31 December 2018

. For sale via Expressions of Interest closing 4pm (AEST) Thursday 30 August 2018
*approx

EXPRESSION OF INTEREST

Closing date and time30/08/2018 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2014538098
Floor Area877 m²
Land Area2,023 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  30 Jul 2018
Map for 170 Bennetts Road Norman Park QLD 4170
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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