SOLD - Upper Coomera - Booming Gold Coast Fast Food & Convenience Retail Investment

Cushman & Wakefield is pleased to present to the market 195 Old Coach Road, Upper Coomera (Gold Coast) for Sale via Auction.

The property has the following key characteristics:

• KFC - Renewed 10 year net lease to 2031 to ASX Listed Collins Foods Ltd, Revenues of $981 million
• United Petroleum - New 12 year net lease to 2032 - Leading fuel & convenience retailer, 450 + sites nationally
• High profile site seamlessly integrated with McDonald’s & Bridgestone, closeby to Woolworths, Coles, Aldi, Caltex & Hungry Jack’s
• Strategically positioned to capture high traffic volumes fronting major dual lane carriageways & minutes to M1 Motorway
• 45 car parks on title + additional 64 car parks available for customers via reciprocal car parking easements on the adjoining McDonald’s and The Hub properties
• Tenants pay all outgoings including Management Fees excluding Land Tax
• Coomera/Pimpama - One of Australia’s fastest growing corridors, population set to increase 319% to 115,000+ by 2041
• Gold Coast - World famous location, current population of 590,000 set to reach 1 million by 2050
• Fixed 3.25% & 3% annual rent increases
• Net Income $459,125 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 10 December at 1pm AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.