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999 Stanley Street East
East Brisbane QLD 4169
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Sold on 29 Jul 2022

999 Stanley Street East East Brisbane QLD 4169

  • Shop & Retail
  • 1 m²
  • Sold

Iconic Inner-City Trophy 7-Eleven 2.5km to the Brisbane CBD

    + Brand new 12 year lease to 2034 plus options to 2054
    + Fixed 3% annual rental increases providing bankable built-in growth
    + Extremely rare inner-city fuel outlet only 2.5kms to the Brisbane CBD
    + 1,196sqm site ideally located fronting major arterial Stanley Street East with significant underlying value
    + Construction completed in May 2022, allowing for outstanding tax depreciation benefits (approx. $143,209 first year tax deprecation)
    + 7-Eleven Australia's favourite fuel and convenience offering with over 700 stores nationally
    + Ideal net lease structure tenant pays all outgoings (excl. land tax)
    + Key growth location only 800m from the Gabba Brisbane's proposed 2032 Olympic Games stadium
    + East Brisbane: Affluent and dense catchment filled with important transport connectivity, amenity and social infrastructure
    + Brisbane: The third largest city in Australia, with population forecasted to grow by 230% to 4.2 million residents by 2050
    + Net income of $349,725 pa + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Thursday 23 June 2022
    Hilton Hotel, Brisbane

    AUCTION

    Auction date and time23/06/2022 10:30
    Auction locationThe Hilton, Brisbane

    Property Highlights

    Date Sold29 Jul 2022
    Floor Area1 m²
    Land Area1,196 m²
    ParkingAsk Agent
    Property ID2017842707
    Category
    Last updated  24 Jun 2022
    Map for 999 Stanley Street East East Brisbane QLD 4169

    Property Highlights

    Date Sold29 Jul 2022
    Floor Area1 m²
    Land Area1,196 m²
    ParkingAsk Agent
    Property ID2017842707
    Category
    Last updated  24 Jun 2022
    Level 12/127 Creek St Brisbane City QLD 4000

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