Retail Sold - MORAYFIELD QLD
High Profile Fully Leased Investment Adjoining Woolworths and Coles
Sold
Retail Sold - MORAYFIELD QLD

9 Devereaux Drive, MORAYFIELD QLD 4506

Sold
High Profile Fully Leased Investment Adjoining Woolworths and Coles
9 Devereaux Drive, MORAYFIELD QLD 4506
Property Features
  • Retail
  • Land is 4,047 m²

Description

Sold
Retail
Description

High Profile Fully Leased Investment Adjoining Woolworths and Coles

Retail Sold - MORAYFIELD QLD

+ Fully leased to national tenants Hog’s Breath Café and Baskin & Robbins on 10 year leases and Queensland chain operators Café 63 (5 years) & Master Noodle (6 years).
+ Fixed 3% & 3.5% rent increases.
+ 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.
+ Net Income: $388,718 pa + GST

Investment Portfolio Auction 11am AEST Wednesday 12 May
Crown Casino, Melbourne, VIC

Property Features
  • Retail
  • Land is 4,047 m²
Commercial Features
Highlight 1

4,047sqm site adjoins Hungry Jack's

Highlight 2

Neighbours Morayfield Shopping Centre

Highlight 3

Fixed 3% & 3.5% annual rent increases

Pat Kelly
+61 0412244456
07 3145 1201
Glenn Conridge
0413 873 337

Agent iNFORMATION

Pat Kelly
Mobile +61 0412244456
Office 07 3145 1201
Glenn Conridge
Mobile 0413 873 337

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