SOLD - Virginia (Brisbane) - Trophy Brisbane 7-Eleven - High Profile Metro Location

Cushman & Wakefield is pleased to present to the market 2009 Sandgate Road, Virginia for Sale via Offers to Purchase.

The property has the following key characteristics:

• 15 year lease to 2031 + options to 2051
• 7-Eleven - Australia’s third largest private company, network of 700+ convenience stores & revenue of $3.4 Billion
•  Built in 2016, the site offers ‘as new’ improvements providing significant depreciation benefits
• High profile Sandgate Road location - Major six lane carriageway with 44,380 vehicles passing daily
• Strategic position as the only inbound service station for 7.5 km
• Virginia - Major retail precinct 10 km from CBD, home to Bunnings, Officeworks, McDonald’s, Hungry Jack’s, BCF, Supercheap Auto, Chemist Warehouse & Amart
• Modern service station equipped with dual skinned fibreglass underground tanks
• Landlord friendly environmental provisions ensuring tenant is responsible for full site remediation
• Net lease - Tenant pays all outgoings excl. Land Tax
• Rare fixed 3.75% annual rent increases
• Net Income $390,778 pa + GST

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