High Profile 6,318 Sqm Service Centre - 100% Leased to ASX Ampol & Zarraffa's Drive Thru
Stonebridge is pleased to present Ampol & Zarraffa’s Coffee Nambour (Sunshine Coast) for sale via Expressions of Interest closing Thursday 17 October 2024 3pm (AEDT).
The asset has the following key investment features:
- Head company lease to Ampol – 12 year net lease to 2035 plus options to 2055, with fixed 3% annual increases
- Ampol – Listed multinational fuel & convenience retail giant with $6.88Bn Market Cap (ASX: ALD) and significant network of 1,900+ locations
- Zarraffa’s Coffee – 10 year net lease to 2033 plus options to 2053, with fixed 3.25% annual increases
- Zarraffa’s Coffee – Pioneer of the Australian drive-thru coffee industry, with growing network of 90+ stores nationally
- Prime fuel, convenience retail & fast food offering in rare gateway location 350m* from on-ramp to Bruce Highway M1 (41,429+ vehicles daily), granting significant exposure to passing traffic
- Commanding 6,318 sqm* site located on key arterial Bli Bli Road, boasting 180m* of prime street frontage, convenient access and 20 on site car parks
- Modern improvements newly built in 2020 providing strong depreciation benefits and latest underground infrastructure
- Located in close proximity to a plethora of national retailers including Woolworths, Coles, Aldi, McDonald’s, KFC, Hungry Jack’s, Mitre 10, Chemist Warehouse, Big W & Repco
- Nambour – Established suburb 14km west of Maroochydore, serving key role as administrative centre and business hub for Sunshine Coast Region, also connected directly to Brisbane via train
- Sunshine Coast – Prosperous region with $18.5Bn economy and rapid population growth forecast to exceed 500,000 by 2041
- Net Lease structures – tenants pay all usual outgoings as per leases
- Net Income $665,056 pa* + GST (as at November 2024)
Ampol & Zarraffa’s Coffee Nambour (Sunshine Coast) is for sale via Expressions of Interest closing Thursday 17 October 3pm 2024 (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1062