retail
Retail - Shopping Cenre
ID 300104UpdatedSale170 Bennetts Road
170 Bennetts Road
Norman Park, Queensland, 4170
Please contact us for price
- Size877 SQM
- Description
- Building Information
- Location
- Agents
Description
Prime retail investment 3.5km from Brisbane CBD
. Near new PUMA Energy service station & freestanding commercial building
. Strategic 2,023sqm* main road site in Norman Park located 3.5km* from the Brisbane CBD and 200m* from Norman Park train station
. WALE of 10.42yrs (by income) across two tenants with PUMA Energy providing 84% of income on a 15yr triple net lease with 3.25% fixed rent reviews
. Built new in 2015 with substantial depreciation benefits still in effect
. Service station equipped with latest fuel storage & delivery technology
. Freestanding building significantly under rented, with a market review in 2022
. Estimated net income of $435,072p.a.* as at 31 December 2018
. For sale via Expressions of Interest closing 4pm (AEST) Thursday 30 August 2018
*approx
. Near new PUMA Energy service station & freestanding commercial building
. Strategic 2,023sqm* main road site in Norman Park located 3.5km* from the Brisbane CBD and 200m* from Norman Park train station
. WALE of 10.42yrs (by income) across two tenants with PUMA Energy providing 84% of income on a 15yr triple net lease with 3.25% fixed rent reviews
. Built new in 2015 with substantial depreciation benefits still in effect
. Service station equipped with latest fuel storage & delivery technology
. Freestanding building significantly under rented, with a market review in 2022
. Estimated net income of $435,072p.a.* as at 31 December 2018
. For sale via Expressions of Interest closing 4pm (AEST) Thursday 30 August 2018
*approx
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