177 Government Road Labrador QLD 4215

Burgess Rawson is pleased to offer to the market 177 Government Road, Labrador QLD for sale via Offers to Purchase.

The property has the following investment highlights:

+ Anchored by a ten (10) year head office net lease to NightOwl to 2033 plus three (3) five (5) year options to 2048
+ NightOwl Convenience: an Australia owned and operated retailer established in 1975, with over 80 retail sites in Australia and growing
+ Supported by a renewed seven (7) year net lease to Star Liquor to 2030 plus two (2) further five (5) year options to 2040
+ Star Liquor: one of Australia's leading independent hospitality groups founded 25+ years ago, operating 74 bottle shops, 9 liquor warehouses & 42 hotels all across Australia
+ Tenants responsible for 100% of usual outgoings, including management fees as per leases
+ Landlord favourable fixed 2.5% and 4% increases
+ Dominant 3,124sqm* site with 105m* of frontage to Government Road and direct access to Olsen Avenue with 25,000+ vehicles passing daily*
+ Impressive 860sqm* GLA, including recently extensive refurbished and rebranded Caltex Fuel Station
+ Strategically positioned within 2km* of national retailers Woolworths, McDonald's Australia Post, Coles, ALDI & within 3km* of the Gold Coast CBD
+ Perfectly located with 120,000+ residents* and over 70,000 motor vehicles* within a 5km* radius ensuring the strong trade of the tenants
+ Gold Coast: one of Australia's fastest growing cities, with a population forecast to exceed 1,000,000 residents by 2050 & $16.6 billion in planned future infrastructure projects
+ Estimated Net Income: $437,346 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.