Prime Gold Coast Convenience Centre with Fast Food Drive-thru

Description

As New Constructed Late 2020 – 10.5*Year WALE
High Profile 3,292 sqm corner site
Net Rent $516,798*pa + GST as 1 December 2023

Exclusive Agents, Commercial East Coast Investments, in conjunction with Burgess Rawson are delighted to offer to our investors, this ‘As New’ retail opportunity.

High Profile 3,292*sqm corner site with 2 street frontages
Building area 404*sqm plus 252*sqm fuel canopy
National brands Caltex, The Cheesecake Shop and Ramen Danbo restaurant and drive-thru
15 Year, 10 year and 7 year leases with CPI and fixed annual rent increases
Excellent depreciation benefits
Zoned ‘Centre’ with future re-development potential to 9 stories (STCA)
Close proximity to Medical, Coles, Aldi, Best & Less, Bunnings and BCF in major retail precinct
500*m to new Pimpama Rail Station opening 2024
Significant estimated depreciation benefits of $296,000* in 1st year (circa 57% of net rent)
Estimated passing traffic flow of over 116,000* vehicles weekly
Direct access to M1 motorway (420* metres)
Pimpama: Situated 51*kms south of Brisbane CBD and 25*kms north of Southport, it has had the highest growth rate outside of capital cities, in the country at almost 13% (ABS Statistics- 30 March 2022)

*Approximate

FOR SALE VIA EXPRESSIONS OF INTEREST
Closing 4pm (AEST) Thursday 16 November 2023

Address

Open on Google Maps

Address: 68 Pimpama Jacobs Well Road, Pimpama (Gold Coast) QLD
State/county: Queensland
Zip/Postal Code: 4209

Details

Updated on March 4, 2024 at 5:27 am

Property ID CECI-3417
Property Type Service Centre
Property Status Sold

Features

Contact Information

Neither the Vendor nor its representatives or agents, Commercial East Coast Investments or any conjunction agents working together with them, give any warranty or representation as to the lease summary items included above or of the current net income. Purchasers are recommended to review the lease in its entirety and to seek their own legal advice.