High Profile Fully Leased Investment Adjoining Woolworths and Coles

Description

+ Fully leased to national tenants Hog’s Breath & Café and Café 63 on 10 year leases and Baskin-Robbins (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 10:30am AEST Wednesday 12 May
Crown Casino, Melbourne, VIC

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Contact agents
Craig Chapman Sales Executive
0427 110 132
Raoul Holderhead Partner
0413 860 304
Pat Kelly
0412 244 456
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Morayfield, QLD

9 Devereaux Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 144

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