Retail

1266 Anzac Ave Kallangur

1266 Anzac Ave Kallangur, QLD Australia 4503
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
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Property Description

JLL Metropolitan Retail Investments are pleased to present to the market 1266 Anzac Avenue, Kallangur QLD - a strong performing metropolitan Brisbane service station located within one of Queensland’s most high-profile growth corridors.


For Sale via Expressions of Interest closing Friday 30 April at 12 noon.


The investment has the following key characteristics:

Investment Highlights

  • Long term, secure 15 & 10 year net leases providing fixed 3% annual rent increases & a WALE of 10+ years
  • 77% of income derived from Freedom Fuels – A wholly owned subsidiary of multinational giant Idemitsu Kosan Ltd, a Fortune 500 Company with market capitalisation of $873 Billion
  • Impressive as-new convenience retail asset built in 2019 offering significant depreciation benefits
  • Strategic homebound location with direct site access & exposure to 30,401* vehicles passing daily
  • Anzac Avenue - Busy retail carriageway home to KFC, McDonald’s, Woolworths, Hungry Jack’s & Supercheap Auto
  • Kallangur - 25 km north of the Brisbane CBD, part of the rapidly expanding Moreton Bay region, set to grow to 645,000+ people by 2036
  • Passive Net lease structures with tenants paying all usual outgoings incl. Management Fees (excl. Land Tax)
  • Landlord friendly environmental provisions ensuring tenant is responsible for full site remediation
  • Net Income $476,415 pa + GST
Last Updated Date: 27 Jul 2021
Campbell Bowers
Senior Executive, Capital Markets
Andrew Havig
Senior Executive, Capital Markets Transactions

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Last Updated Date: 27 Jul 2021

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