Land Rich Tyre & Auto Investment Anchored by Tokyo Listed Yokohama
Secure 7 & 5 Year Net Leases
New Improvements – Huge Depreciation
3.5% & CPI or 3% Annual Rent Increases
Stonebridge National Investment Sales is pleased to present 'Yokohama & Stoney Creek Campers Caboolture (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Yokohama - 7 year net lease to 2028 + options to 2038 with market leading annual rent increases, being the greater of 3% or CPI
- Leased to prized subsidiary of Tokyo Stock Exchange listed Yokohama Group - Global automotive giant established in 1917 with operations in 120 countries, boasting a $5.6 billion market cap.
- Stoney Creek Campers - Brand new 5 year net lease to 2028 + options to 2038 with fixed 3.5% annual rent increases, proven national retailer across six locations
- Significant 4,467 sqm* site with 28 car parks and grand exposure to Bribie Island Road (31,000+ vehicles daily), only 3 minutes* from Bruce Highway M1 (106,170+ vehicles daily)
- Newly completed in 2021 by Hutchinson Builders providing significant depreciation benefits
- Modern 1,400 sqm* concrete tilt panel improvements across two freestanding tyre & auto and retail buildings
- Situated within tightly held Caboolture Corporate Park precinct, currently undergoing a $90 million expansion to meet demand, already home to McDonald's, Subway, Ultra Tune, Chemist Warehouse, Ampol, Caltex, Nissan, Mazda, Ford, Hyundai and Holden
- 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 Leases - tenants pay all usual outgoings including Land Tax, Insurance, Management Fees and general Repairs & Maintenance
- Leases secured by Bank Guarantees and Corporate Guarantee
- Net Income $366,731 pa* + GST
Yokohama & Stoney Creek Campers Caboolture (Brisbane) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.