417 Wondall Road, Tingalpa, QLD

417 Wondall Road, Tingalpa, QLD 4173

Expressions of Interest
Expressions of Interest

Retail
Property No. 301522
Contact Us

Brand new service station 12km from the Brisbane CBD

• Recently developed 7-Eleven service station with adjoining retail tenancy
• 2,023sqm site fronting Wondall Road opposite Bunnings Warehouse & IGA
• 15 year lease to 7-Eleven and 10 year lease to adjoining tenant Fish Depot, a proven retail operator with 9 locations
• Both tenants on net leases (excluding land tax)
• Fixed rent reviews for 7-Eleven who provide over 87% of income
• Completed in late 2017 with substantial depreciation benefits still in effect
• Net income of $385,560p.a. as at 30 November 2018

7-Eleven Tingalpa is For Sale via Expressions of Interest closing 4pm (AEST) 25 October 2018
• Recently developed 7-Eleven service station with adjoining retail tenancy
• 2,023sqm site fronting Wondall Road opposite Bunnings Warehouse & IGA
• 15 year lease to 7-Eleven and 10 year lease to adjoining tenant Fish Depot, a proven retail operator with 9 locations
• Both tenants on net leases (excluding land tax)
• Fixed rent reviews for 7-Eleven who provide over 87% of income
• Completed in late 2017 with substantial depreciation benefits still in effect
• Net income of $385,560p.a. ...
Last updated

27 Sep 2018

Floor area

277 sqm


Land area

2,023 sqm

Tenure type

Tenanted

JLL

417 Wondall Road, Tingalpa, QLD

417 Wondall Road, Tingalpa, QLD 4173
Expressions of Interest
Expressions of Interest
Retail
Property No. 301522

Property details

Brand new service station 12km from the Brisbane CBD

• Recently developed 7-Eleven service station with adjoining retail tenancy
• 2,023sqm site fronting Wondall Road opposite Bunnings Warehouse & IGA
• 15 year lease to 7-Eleven and 10 year lease to adjoining tenant Fish Depot, a proven retail operator with 9 locations
• Both tenants on net leases (excluding land tax)
• Fixed rent reviews for 7-Eleven who provide over 87% of income
• Completed in late 2017 with substantial depreciation benefits still in effect
• Net income of $385,560p.a. as at 30 November 2018

7-Eleven Tingalpa is For Sale via Expressions of Interest closing 4pm (AEST) 25 October 2018


Last updated

27 Sep 2018

Floor area

277 sqm

Land area

2,023 sqm

Tenure type

Tenanted


Brokers

Campbell Bowers
+61 405 127 588
JLL - Brisbane
Level 39, Central Plaza, 345 Queen Street
Brisbane QLD 4000
Jacob Swan
+61 402 704 896
JLL - Brisbane
Level 39, Central Plaza, 345 Queen Street
Brisbane QLD 4000
 

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