Retail Sold - WESTBROOK QLD
Premium McDonald's & 7-Eleven Investment – Australia's #1 Fast Food & Convenience Retailers
Sold
Retail Sold - WESTBROOK QLD

81 Main Street, WESTBROOK QLD 4350

Sold
Premium McDonald's & 7-Eleven Investment – Australia's #1 Fast Food & Convenience Retailers
81 Main Street, WESTBROOK QLD 4350
Property Features
  • Retail
  • Land is 4,028 m²
  • Floor Area is 555 m²

Description

Sold
Retail
Description

Premium McDonald's & 7-Eleven Investment – Australia's #1 Fast Food & Convenience Retailers

Retail Sold - WESTBROOK QLD

+ Brand new 10 year lease to McDonald’s Australia to 2030 plus options to 2040
+ McDonald’s is Australia’s #1 fast food restaurant with over 970 stores nationally
+ Near new 15 year lease to 7-Eleven to 2033 plus options to 2053
+ 7-Eleven is Australia’s #1 convenience retailer with over 700 stores nationally and approximately 38% market share
+ Guaranteed rental growth with annual, fixed 3% and CPI+1% compounding rent increases
+ Tenants pay all usual outgoings (excl. land tax)
+ Impressive 4,028* sqm corner site with 3 street frontages, creating 203* metres of combined frontage
+ High profile, gateway location with the Gore Highway connecting Westbrook’s residential growth precinct and the Toowoomba CBD
+ Substantial tax depreciation benefits with up to 65% of the first year rent potentially free of income tax
+ Toowoomba: Australia’s second largest inland city after Canberra located 90 minutes west of Brisbane with a strong trade catchment of 169,000+ and set for rapid growth to 200,000* by 2035
+ Westbrook: Identified as a major growth area of Toowoomba, with master-planned communities, Coles anchored shopping centre and proposed Catholic primary and secondary schools
+ Combined Net Income: $448,611 pa + GST

Auction: Commencing 11am Wednesday 23 September 2020
Venue: Auctionworks, 50 Margaret Street, Sydney (interstate bidding options available on the day)

*Approximate

Property Features
  • Retail
  • Land is 4,028 m²
  • Floor Area is 555 m²
Commercial Features
Highlight 1

Brand New 10 Year Lease to McDonald's

Highlight 2

Near New 15 Year Lease to 7-Eleven

Highlight 3

Substantial tax depreciation benefits

Pat Kelly
+61 0412244456
07 3145 1201
Jamie Perlinger
0413 860 315

Agent iNFORMATION

Pat Kelly
Mobile +61 0412244456
Office 07 3145 1201
Jamie Perlinger
Mobile 0413 860 315

Make an Enquiry

07 3220 3611

Level 24, 324 Queen Street
Brisbane Qld 4000

Other Properties

Make an Enquiry

07 3220 3611

Level 24, 324 Queen Street Brisbane Qld 4000