Burgess Rawson is pleased to offer EG Brendale (Brisbane) QLD to the market via for sale via our Investment Portfolio Auction 160.

The property has the following investment features:

+ Brand new fifteen (15) year net lease to EG Group to 2038 plus six (6) further five (5) year options to 2068
+ EG Group: multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally
+ High exposure 6,390sqm* freehold corner site in the tightly held Brendale industrial precinct
+ Favourable annual CPI rent reviews
+ Investor preferred net lease with the tenant paying all outgoings, including land tax
+ Brand new state-of-the-art purpose-built convenience retail and freestanding fast food drive-thru facility offering outstanding tax depreciation benefits
+ Ideally positioned neighbouring new large format retail centre and directly opposite Bunnings Warehouse
+ Rare to market opportunity to secure convenience retail, fuel and freestanding Oporto branded fast food investment underpinned by EG Group head lease
+ Includes additional development land DA approved for freestanding fast food drive-thru facility under head lease, providing future upside and increased depreciation benefits
+ Brendale: one of Brisbane’s most sought-after and developing industrial precincts located 16km* north of the Brisbane CBD
+ Moreton Bay: one of Australia’s fastest growing urban regions, with its population forecast to grow by over 50% to more than 690,000 by 2041
+ Net Income: $550,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.