High Profile Fully Leased Investment
Description
Fully leased to national tenants
Fixed 3% and 3.5% rent increases
Net income: $388,718*pa + GST
- Fully leased to national tenants Hog’s Breath & Café and Café 63 on 10 year leases and Baskin-Robbins (5 years) & Master Noodle (6 years)
- Superb location seamlessly adjoining Hungry Jacks, Westpac Bank and Morayfield Shopping Centre anchored by Woolworths & Coles, with 6.2 million visitors annually.
- Significant 4,047*sqm freehold site with 3 street frontages and 55 on-site car spaces.
- 33,000 vehicles passing daily.
- Morayfield: 40km from Brisbane CBD, part of Moreton Bay forecast population growth of 50% to 690,000 by 2041
*Approximate
Address
Open on Google Maps-
Address: 9 Devereaux Drive Morayfield QLD
-
State/county: Queensland
-
Zip/Postal Code: 4506
-
Area: Brisbane Region
Details
Updated on September 5, 2023 at 6:11 am-
Property ID CECI-2557
-
Property Type Retail
-
Property Status Sold
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
