Metro Petroleum Caboolture South, 38 Morayfield Road Caboolture South QLD 4510

Stonebridge National Investment Sales is pleased to present Metro Petroleum Caboolture South for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Brand new ­10 year head company net lease to 2033 + options to 2053 with fixed 3% increases

- Metro One of Australia's largest independently owned fuel and convenience retailers with 270+ stores nationally, servicing 40,000+ customers daily

- Prominent 1,619 sqm* corner site improved by brand new fuel and convenience retail with 11* carparks, offering significant depreciation benefits

- Directly opposite Market Plaza C­aboolture South anchored by Woolworths and less than 5 km* from AV Jennings Caboolture West master planned development set to home 68,000+ new residents

- Prime 80 metre* dual street frontage to Morayfield Road, accommodating 31,357+ vehicles daily*

- Strategic location along one of Brisbane's key retail 'magic mile's', only 1 minute* to Morayfield Shopping Centre anchored by Woolworths, Big W, Target, Coles and Kmart, welcoming 6,200,000+ visitors annually

- Highly accessible position only 5 minutes* from the Bruce Highway (113,860+ vehicles daily*), with the Caboolture to Bribie Island section undergoing a $662.5 million upgrade expected to be completed in late 2023

- Caboolture Key retail and commercial hub 35 km* from Brisbane CBD, part of the rapidly expanding Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041

- ­Net Lease - Tenant pays usual outgoings as per lease excluding Land tax

- Net Income $335,000 pa* + GST

Metro Petroleum Caboolture South is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 769