Brand new 7-Eleven Service Station + Surplus Land for Future Development
Knight Frank and Ray White Commercial Queensland are pleased to present for sale 185 Toombul Road Northgate comprising a Brand new 7-Eleven Service Station (Lot 1) and Surplus Land for Future Development (Lot 2).
Lots are offered for sale together or separately. Located 9.5kms* from the Brisbane CBD in the tightly held "Northern Corridor".
Lot 1 BRAND NEW 7-ELEVEN SERVICE STATION - Pre-committed by 7-Eleven on a 12-year initial lease term with 4 x 5 year options. - Situated on a 2,337 sqm* site with main road access and 61m* of frontage. - Excellent exposure with 37,600* passing vehicles per day. - $340,000pa* commencing net income with fixed annual rent increases of 3% - Significant depreciation benefits.
Lot 2 - SURPLUS LAND / FUTURE DEVELOPMENT - High profile 5,657 sqm* corner site with 118m* of frontage. - Specialised Centre (Mixed Industry and Business) Zoning. - 200m* from Northgate Train Station. - Potential for long-term rezoning for readaptive future use.
For Sale via Expressions of Interest Closing Thursday, 12 November 2020 4pm (AEST)
For further information please contact the exclusive marketing agents below.
