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2203 Gympie Road
Bald Hills QLD 4036
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Sold on 15 Jun 2023

2203 Gympie Road Bald Hills QLD 4036

  • Shop & Retail
  • 224 m²
  • Sold

Must Be Sold! Realisation Auction | Metro Brisbane 7-Eleven Convenience Retail Investment

    Burgess Rawson is pleased to offer to market 7-Eleven Bald Hills located at 2203 Gympie Road, Bald Hills (Brisbane) QLD, for sale via our Investment Portfolio Auction 161.

    The property has the following investment highlights:

    + Fifteen (15) year net lease to 7-Eleven to 2034 plus four (4) further five (5) year options to 2054
    + 7-Eleven: Australia's #1 convenience retailer with over 700 stores and accounting for approximately 38% market share
    + Landlord favourable, net lease structure with 7-Eleven responsible for all usual outgoings excluding land tax
    + Strong and certain income growth with annual, fixed compounding 3% increases
    + Constructed in December 2019, offering modern infrastructure and significant tax depreciation benefits
    + High profile 1,566sqm* Gympie Road corner site located directly off Strathpine Road, providing access to over 40,000 vehicles daily^
    + Surrounded by important social infrastructure, with 6 schools within a 3km radius servicing over 4,000 full time students^
    + Over 21,815 motor vehicles registered within a 3km radius representing an average of 1.83 per household
    + Bald Hills: located in the heart of Brisbane's Northern Growth Corridor, a 20 minute drive from the Brisbane Airport & 25 minutes from the CBD
    + Brisbane: the third largest city in Australia, with a population forecasted to grow by 15% to 2.875 million residents by 2035^^
    + Net Income: $347,736 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 22 June 2023
    The Hilton, Brisbane

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

    *Approx.
    ^ Gapmaps
    ^^WorldPopulation

    AUCTION

    Auction date and time22/06/2023 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold15 Jun 2023
    Floor Area224 m²
    Land Area1,566 m²
    ParkingAsk Agent
    Property ID2018547148
    Category
    Last updated  22 Jun 2023
    Map for 2203 Gympie Road Bald Hills QLD 4036
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold15 Jun 2023
    Floor Area224 m²
    Land Area1,566 m²
    ParkingAsk Agent
    Property ID2018547148
    Category
    Last updated  22 Jun 2023

    Co-Agents

    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990
    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Rick Jacobson
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 083

    More about 2203 Gympie Road Bald Hills QLD 4036

    2203 Gympie Road Bald Hills QLD 4036 is categorized as Shop & Retail Property. It has a floor area of 224 m² and a land area of 1,566 m². The listing ID for this property is 2018547148.

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