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Units 302 & 303/11 Peter Way
Berrinba QLD 4117
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Sold on 23 Jun 2021

Units 302 & 303/11 Peter Way Berrinba QLD 4117

  • Shop & Retail
  • 641 m²
  • Sold

Brand New 5 year lease to 'Salvo's Stores' - Opening July 2021

    Brand 5 year net lease with options to 2041 to Salvo's Stores.
    Salvos is a 125 year old, government-funded retailer with over 330 stores nationally.
    Annual compounding 2.5% rent increases.
    Strategic Logan Motorway corridor location between QLD's three most important population centres, Brisbane CBD (22km), Golf Coast (45km) and Ipswich (32km).
    Surrounded by many of Brisbane's most important logistics facilities including Google, Charter Hall, GPT, Frasers, Logos, DHL, Metcash, Toll, JB Hi-Fi, Sigma Pharmaceuticals, John Deer, Lion Drinks, Rinnai, Penrite Oil and a Woolworths Shopping Centre.
    Brand new 641sqm* retail building on two titles.
    Significant depreciation benefits, with 26% of year 1 rent potentially deductible***.
    91,747 residents* plus 17,752 workers employed** within 5km.
    Logan: Local population forecast to grow by 50% to 500,000 by 2036****, attracting $1.7 billion in industrial development in the last 18 months*****.
    Estimated net rental: $126,983* + GST.

    Proudly developed by De Luca

    To be sold by Burgess Rawson Investment Portfolio Auction
    Wednesday 23rd June 2021 at Crown Casino Melbourne, Victoria
    Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

    (KFC store Investment also available for purchase separately on the day)

    AUCTION

    Auction date and time23/06/2021 10:30
    Auction locationUnits 302 & 303/11 Peter Way, Berrinba QLD

    Property Highlights

    Date Sold23 Jun 2021
    Floor Area641 m²
    Land Area641 m²
    ParkingAsk Agent
    Property ID2017032225
    Category
    Last updated  24 Jun 2021
    Map for Units 302 & 303/11 Peter Way Berrinba QLD 4117

    Property Highlights

    Date Sold23 Jun 2021
    Floor Area641 m²
    Land Area641 m²
    ParkingAsk Agent
    Property ID2017032225
    Category
    Last updated  24 Jun 2021
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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