3/115-117 Buckley Road Burpengary East QLD 4505

Shop & Retail
101 m²
Sold

Rare Liquorland Investment

Burgess Rawson is pleased to offer to the market, 3/115-117 Buckley Road, Burpengary East QLD for sale via our Auction Investment Portfolio 156.

+ Renewed 5 year lease to 2027 plus options to 2042
+ Liquorland: Blue chip tenant and subsidiary of Coles Group Ltd (ASX:COL), market cap $22.4 billion
+ Landlord favourable net lease terms with the tenant responsible for all usual outgoings including owners corp
+ Annual CPI rent reviews
+ Well presented 101 sqm* premises with tenant funded upgrades and rebranding imminently
+ Strong trading liquor shop since 2013
+ Single tenant and minimum management investment
+ Strategic position and central amongst IGA, Goodstart Early Learning, Pharmacy, Medical centre, Dentist, 7-Eleven and more
+ Burpengary East: fast growing Moreton Bay region, midway between Brisbane and the Sunshine Coast
+ Net Income: $40,943* pa plus GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane