202 Old Cleveland Road Capalaba QLD 4157

Shop & Retail
Sold

New 15 Year Lease - Major Eastern Arterial Road. Brisbane's Eastern Hub - Major Metro Rail Precinct.

- Brand New 15 Year Lease to 2031 plus 3 x 5 year options to 2046
- Leased to Freedom Fuels Australia with Parent Company guarantee provided by Freedom Energy Holdings Pty Ltd
- Freedom Energy Holdings: Subsidiary of Multi National company Idemitsu Kosan - founded in 1911 and listed on the Japanese Stock Exchange with annual turnover of US $50 Billion
- Recently refurbished with a significant capital outlay by Freedom Fuels
- High profile Brisbane suburb 20km east of the CBD
- Strategically located property in close proximity to the Capalaba Central Shopping Centre anchored by Coles, Woolworths and Big W and directly opposite McDonald's restaurant
- Ideal left hand side outbound position on major arterial road leading to the eastern bayside suburbs of Brisbane
- 100% of outgoings paid by the tenant (excluding land tax)
- Attractive fixed 3% annual increases
- Net Income: $300,600 pa + GST

Auction 11am Tuesday 17th May
Doltone House Hyde Park, 181 Elizabeth St Sydney