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346 Gympie Road Kedron QLD 4031

  • Retail
  • Floor Size4,092 m²
  • PriceExpressions of Interest

Brand New Freestanding Coles Supermarket 15 Year Net Lease

  • Brand New Freestanding Coles Supermarket
  • Strong Supermarket Performance
  • Irreplaceable Inner Brisbane Location

Coles Kedron comprises a brand-new, freestanding state of the art full-line Coles Supermarket and Liquorland store supported by a cafe and Coles Express Service Station completed in September 2017. Coles Kedron is 100% leased and features long WALE security of 14.73* years by area.

Strategically located on a high-profile intersection on Gympie Road, one of Brisbanes busiest traffic routes. This irreplaceable location is only 7 radial kilometres* from Brisbane CBD and within 1 kilometre* of the Airportlink-M7 tunnel system.

Key attributes include:

- Brand new freestanding Coles Supermarket & Liquorland store plus Coles Express service station & café

- 100% leased with blue-chip tenants Coles & Coles Express securing 96%* of income

- 14.73* year WALE underwritten by a new 15 year net lease to Coles

- Strong supermarket performance - Coles Kedron dominates the trade area

- High profile site on Gympie Road with exposure to over 31 million* cars per anum, only 7km* radially from Brisbane CBD

- Affluent inner Brisbane trade area featuring high income levels and young family households

- Booming Brisbane - unprecedented infrastructure investment and strong migration driving growth

- Land rich asset - large 9,550sq m* site

- Net income - $1,848,633pa*

- Strong depreciation benefits

*Approximate

For Sale by Expressions of Interest closing 2pm (AEST) Thursday 22 November 2018

EXPRESSION OF INTEREST

Closing date and time22/11/2018 14:00
Recipient nameAsk Agent
Delivery addressSavills Brisbane

Property Highlights

Property ID2014718303
Floor Area4,092 m²
Land Area9,550 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  8 Apr 2019
Map for 346 Gympie Road Kedron QLD 4031
Savills Brisbane
Level 2, Central Plaza 2, 66 Eagle Street Brisbane City QLD 4000

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