SOLD - Toowoomba - Strategic Ampol Travel Centre & Red Rooster Drive Thru - Major Logistics Hub
10810 Warrego Highway Toowoomba QLD 4350
Key Property Highlights
|Land Area||11430 sqm|
Cushman & Wakefield’s National Investment Sales team is pleased to present to the market 10810 Warrego Highway, Charlton (Toowoomba) for sale via Expressions of Interest.
The property has the following key characteristics:
- Ampol - 15 year net lease to 2031 to Australia’s outright leader in transport fuels, an ASX100 Company across 1,900 locations and boasting a Market Cap of $7.09 Billion
- Red Rooster - 15 year net lease to 2031 to iconic national fast food chain with 360+ stores, owned by $800 Million giant Craveable Brands
- Modern Travel Centre & Truck Stop built in 2016 improved by drive thru, heavy vehicle and hi-flow diesel refueling points and truck parking facilities
- Fully signalized highway corner position set on 1.14 hectares with over 243m of frontage and exposed to high traffic volumes
- Strategic location at epicentre of Toowoomba’s $900 Million Enterprise & Logistics Hub, including Wellcamp International Airport & Business Park, Interlink SQ, Charlton Logistics Park and Whitmack Industry Park
- Hyperconnected location, leveraging Toowoomba’s $1.6 Billion Second Range Crossing, $14.5 Billion Inland Rail and $200 Million Wellcamp Airport
- Toowoomba - Australia’s second largest inland city undergoing a major infrastructure and development boom, over $13.1 Billion of projects planned or underway, population 169,008
- Travel Centre set to be upgraded to latest ‘Ampol and Foodary’ branding at full cost of the tenant
- Favourable environmental provisions, ownership of the tanks and full remediation the responsibility of Ampol
- Tenants pay outgoings including Council Rates, Insurance and proportion of Land Tax
- Net Income $644,508 pa + GST
The property is for sale via Expressions of Interest closing Thursday 29th July at 12 noon.
For more information, please contact the exclusively appointed Cushman & Wakefield property professionals.