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642 Toohey Road
Salisbury QLD 4107
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Sold on 29 Apr 2022

642 Toohey Road Salisbury QLD 4107

  • Shop & Retail
  • 1 m²
  • Sold

Outstanding Convenience Retail Investment - 15 Year Lease to 7-Eleven

    + High profile convenience retail centre anchored by a 15 year lease to 2035 to 7-Eleven
    + Supported by a recent 10yr lease to Kebab Land experience operator
    + Long term income security offered through outstanding 12.79 year centre WALE (by income)
    + Outstanding 2,051sqm corner site fronting major signalised intersection
    + Fixed 3% annual rent increases for both tenants providing built in growth
    + Built new in 2017 strong depreciation benefits
    + Surrounded by national brands McDonald's, First Choice, Bridgestone , Anytime Fitness
    + Salisbury: 8km* South of the Brisbane CBD booming industrial & commercial precinct
    + Estimated Net Income $406,470 pa + GST

    For Sale by Investment Portfolio Auction
    10:30AM (AEST) Thursday 16 December 2021
    Hilton, Brisbane

    AUCTION

    Auction date and time16/12/2021 10:30
    Auction location642 Toohey Road, Salisbury QLD

    Property Highlights

    Date Sold29 Apr 2022
    Floor Area1 m²
    Land Area2,051 m²
    ParkingAsk Agent
    Property ID2017423984
    Category
    Last updated  29 Apr 2022
    Map for 642 Toohey Road Salisbury QLD 4107

    Property Highlights

    Date Sold29 Apr 2022
    Floor Area1 m²
    Land Area2,051 m²
    ParkingAsk Agent
    Property ID2017423984
    Category
    Last updated  29 Apr 2022

    Co-Agents

    Campbell Bowers
    Campbell Bowers
    Burgess Rawson Queensland
    Call
    0405 127 588
    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990

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