Irreplaceable Brisbane Metro Convenience Asset – New 15 Year Lease to ASX Listed Giant
Stonebridge National Investment Sales is pleased to present to the market Viva Energy Lawnton (Brisbane) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- New 15 year net lease to 2037 + options with fixed 3% annual rent increases
- Viva Energy Australia – ASX listed giant boasting a $4 Billion market capitalisation and premium network of 1,350+ service stations Australia Wide
- Modern service station newly re-built in 2022 providing improved site configuration and significant depreciation benefits
- Irreplaceable 5,553 sqm site with high profile 50m+ frontage and outstanding access via dedicated ingress & egress to Gympie Rd
- Part of key large format retail and trade services precinct near Bunnings, Chemist Warehouse, Petstock, Repco, Bob Jane, Rebel Sport, Petbarn, KFC & Hungry Jacks (all within 2 mins drive)
- Lawnton – 20 km* from Brisbane CBD and part of rapidly expanding Moreton Bay region, Australia’s 3rd fastest growing LGA, set to grow to 690,000+ residents by 2041
- Landlord favourable environmental provisions ensuring tenant is responsible for full site remediation
- Net Lease – Tenant pays all usual outgoings including Land Tax, Management Fees and Insurance.
- Net Income $443,700 pa* + GST
*Approximately
Viva Energy Lawnton (Brisbane) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 639