Strategic Coles Express Investment

Description

+ Secure 10 year lease direct to Coles Group to June 2026 plus options to 2036
+ Annual reviews to the lesser of 4x CPI or 4%
+ Tenant pays usual outgoings as per the lease including single holding land tax
+ Coles Express: 710+ outlets across the country & subsidiary of ASX Top 20 company Coles Group – Market cap $17B
+ Blue chip retail position adjoining KFC and opposite Charter Hall-owned Gatton Square, anchored by high volume Coles, McDonalds, BWS, specialty shops and 269 car parking spaces
+ As new improvements constructed 2017 including double skin fibreglass tanks providing significant tax depreciation benefits
+ Gatton: Administrative and economic capital of the Lockyer Valley, 30km west from Toowoomba CBD and conveniently located 89km from inner city Brisbane
+ Net Rent: $345,569 pa

For Sale by Private Treaty

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Craig Chapman Sales Executive
0427 110 132
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Gatton, QLD

73 Railway Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 133

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