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Mobil & Zarraffa's, Hervey Bay, 12-14 Boat Harbour Drive Pialba QLD 4655

  • Shop & Retail
  • 2,228 m²
  • Expressions of Interest

Brand New Convenience Retail & Fast Food Investment - 15 Year Net Leases

  • Brand new 15 year leases + opts
  • Premium & secure national tenants
  • Blue chip retail & drive-thru location

Stonebridge National Investment Sales is pleased to present to the market, Mobil (Pearl Energy) & Zarraffa's Hervey Bay, for sale via Expressions of Interest.

The asset has the following key investment features:

- Mobil (Pearl Energy) Brand new 15 year net lease to 2036 + options to 2066
- Established, premium national fuel & convenience retailer projected to rapidly grow to 100+ locations nationally by 2023
- Zarraffa's Coffee - Brand new 15 year net lease to 2036 + options to 2066
- Successful 12 year Hervey Bay track record, proven national tenant & pioneer of coffee drive thru's with 70 outlets across Australia
- Prominent 2,228 sqm 'gateway' site on bustling Boat Harbour Drive a blue chip retail thoroughfare carrying 19,471 vehicles daily
- Boat Harbour Drive retail 'magic mile' home to Bunnings, KFC, McDonalds, Hungry Jacks, Dan Murphy's, Supercheap Auto, BCF & major Stockland Shopping Centre
- Well configured convenience retail & fast food site - 16 car parks, drive-thru and important heavy vehicle/truck manoeuvrability lane
- Brand new improvements providing optimal depreciation benefits
- Hervey Bay World renowned tourist destination and focal point of Fraser Coast region, trade catchment 107,000+ & 4.3 million visitors annually, experiencing significant population growth
- Net Leases - tenants pay all usual outgoings (including 79% of Land Tax)
- Leases secured by 3 month Bank Guarantees & Directors Personal Guarantees
- Annual rent increases in line with CPI
- Net Income $444,851 pa* + GST

*Approximate

The Investment is for sale via Expressions of Interest closing Thursday 7th July at 1pm.

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

EXPRESSION OF INTEREST

Closing date and time07/07/2022 13:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor AreaAsk Agent
Land Area2,228 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017854662
Category
Last updated  8 Jun 2022
Map for Mobil & Zarraffa's, Hervey Bay, 12-14 Boat Harbour Drive Pialba QLD 4655

Property Highlights

Floor AreaAsk Agent
Land Area2,228 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017854662
Category
Last updated  8 Jun 2022
Level 24/10 Eagle St Brisbane City QLD 4000
Michael Collins
Michael Collins
Stonebridge Property Group Pty Ltd
Tom Moreland
Tom Moreland
Stonebridge Property Group Pty Ltd

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