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Sold on 27 Jul 2017

1786 Sandgate Road Virginia QLD 4014

  • Retail
  • 387 m²
  • Sold

SOLD PRIOR TO AUCTION | Outbound Sandgate road service station

United Petroleum Virginia

Brand new 20 year lease expiring 2036 with 3.50% fixed annual rent reviews
Triple Net lease structure with United Petroleum responsible for all outgoings (including Land Tax on a single holding basis)
Outstanding location on the outbound lane of Sandgate road, with exposure to over 63,000 passing cars per day
Built new in 2015, the property features modern fuel delivery and storage equipment and provides substantial depreciation benefits
Ideally located in Virginia, a thriving residential and commercial hub only 10km North of the Brisbane CBD
United Petroleum- Australia’s largest independent fuel retailer, with over 370 sites nationwide
Net income of $350,000 per annum as at 30 June 2017

Property Highlights

Property ID2013692225
Date Sold27 Jul 2017
Floor Area387 m²
Land Area2,714 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  27 Jul 2017
Map for 1786 Sandgate Road Virginia QLD 4014
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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