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Deception Bay (Brisbane) - 12 Year Lease with 4.0% Fixed Annual Increases

1 Baylink Avenue Deception Bay QLD 4508

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For Sale Current
Branded National Investments
Investment
Property No.

Attributes and Features

Land Area 2166 sqm
Last Updated May 14, 2020
Status Current

Cushman & Wakefield is pleased to present to the market 1 Baylink Avenue, Deception Bay (Brisbane) for Sale via Offers to Purchase.

The property has the following key characteristics:

  • 12 year lease to 2027 + options to 2047
  • 7-Eleven Stores Pty Ltd – Australia’s leading convenience retailer with 700+ stores nationally. Global conglomerate with 68,000+ stores in 17 countries
  • Robust investment asset, Lessee providing Essential Services open 24 hours
  • Commanding 2,166 sqm corner site on Lipscombe Road and Baylink Avenue
  • As-new Modern facility built in 2015 offering significant depreciation benefits
  • Landlord friendly net lease with 7 Eleven paying all outgoings (excluding Land Tax)
  • Tenant responsible for maintenance of fuel storage tanks and any site remediation required
  • Adjoining North Lakes – The 4th fastest growing suburb in Australia over the last 5 years (ABS Census)
  • Fixed 4.0% annual rent increases
  • Net Income $331,769 pa + GST (as at 25 June 2020)

For more information please contact the Exclusive Agents at Cushman & Wakefield.

Deception Bay (Brisbane) - 12 Year Lease with 4.0% Fixed Annual Increases1 Baylink AvenueDeception Bay, QLD 4508
1 Baylink Avenue Deception Bay QLD 4508