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Fast Food & Retail Logan Village, 10-22 Perserverance Way
Logan Village QLD 4207
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Sold on 22 Sep 2023

Fast Food & Retail Logan Village, 10-22 Perserverance Way Logan Village QLD 4207

  • Shop & Retail
  • 659 m²
  • Sold

Brand New Fast Food & Retail Investment Adjoining McDonald's, KFC & 7-Eleven

  • New 10 & 7 Year Leases
  • Strong Income Growth Incl CPI+1% Reviews
  • Booming Growth Corridor Location

Stonebridge National Investment Sales is pleased to present 'Fast Food & Retail Logan Village (Brisbane)' for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Brand new fast food and retail investment with 63% of income secured by national tenants and providing a long 8.64 WALE^ (by income)

- Subway New 7 year lease to 2029 + options to 2039
Global fast food chain with 1,229+ locations Australia wide

- Origin Kebabs New 10 year lease to 2032 + options to 2042
Rapidly expanding fast food operator across 32+ locations nationally with 10+ year track record of dominance in South East Queensland

- Newly constructed in October 2022 by industry leader, Hutchinson Builders, providing substantial depreciation benefits

- Large 2,499 sqm* landholding improved by fast food drive thru and retail centre, seamlessly integrated with neighbouring McDonald's, KFC & 7-Eleven

- Convenient and easily accessed site only metres to Waterford Tamborine Road (21,898+ vehicles daily), the major arterial linking Brisbane to Lendlease's booming Yarrabilba masterplanned community

- Logan Village 35 km* south of Brisbane CBD and part of Greater Logan LGA, population forecast to grow 43% and exceed 500,000 residents by 2036, supported by a $14.36 billion* economy

- Sought after, market leading annual rent increases of CPI+1% and up to 3.5% fixed across all tenancies

- Tenants pay all usual outgoings as per lease

- Net Income - $228,784 pa* + GST

'Fast Food & Retail Logan Village' is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately
^As at 1 November 2023

Property Highlights

Date Sold22 Sep 2023
Floor Area659 m²
Land Area2,499 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018646121
Category
Last updated  28 Sep 2023
Map for Fast Food & Retail Logan Village, 10-22 Perserverance Way Logan Village QLD 4207

Property Highlights

Date Sold22 Sep 2023
Floor Area659 m²
Land Area2,499 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018646121
Category
Last updated  28 Sep 2023

Co-Agents

Tom Moreland
Stonebridge Property Group Pty Ltd
Call
0408 072 822
Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
James Freemantle
James Freemantle
Stonebridge Property Group Pty Ltd
Call
0421 140 876

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