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38 Oak Street
Andergrove QLD 4740
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Sold on 2 Aug 2024

38 Oak Street Andergrove QLD 4740

  • Shop & Retail
  • 499 m²
  • Sold, $5,400,000

Freehold BP (Head Leased) Service Station and Fast Food Drive Thru Brodies Investment For Sale!

    We are pleased to announce that QCommercial Properties, in conjunction with RE/MAX U, is offering to the market a BP Service Station (Head Leased) and Fast Food Drive Thru Brodies Investment for sale. This property is situated at 38 Oak Street Andergrove QLD 4740, and enjoys a high exposure corner location with a dual frontage of 58m* facing Oak Street and 32m* facing Tropical Avenue.

    This investment opportunity is likely to attract a lot of attention from various investor groups, including REIT, Superannuation funds, and both local and interstate investors.

    We invite all discerning investors looking to add a strategic asset to their investment portfolio to get in touch with Deepen Khagram, the exclusive marketing agent, to obtain a copy of the information memorandum and access to the data room. Properties such as this are an exceptional investment opportunity, and we encourage all interested parties to act fast and secure this valuable asset.

    - Tenants include Head Leased BP and Brodies Chicken
    - Recent BP & Wild Bean Cafe site upgrade and 24/7 hours trading
    - Fully tenanted investment with Net income $362,325.18 p.a
    - Long leases to BP and Brodies with options
    - Annual Increases - CPI or 4.25% (Capped)
    - Land Area: 2,310m2* in prime retail precinct
    - Fibreglass tanks (BP owned and maintained)
    - High exposure corner location with strong vehicular traffic along Oak Street
    - 6km* from Mackay CBD
    - Will suit many investors: REIT, Superannuation funds, local and interstate

    For more information on this exciting opportunity and to access the information pack please contact the exclusive marketing agent.

    *Approximately

    RE/MAX U
    RE/MAX U
    143 Coronation Drive
    Milton, QLD 4064

    Property Highlights

    Date Sold2 Aug 2024
    Sold Price$5,400,000
    Floor Area499 m²
    Land Area2,310 m²
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2018534863
    Category
    Last updated  5 Aug 2024
    Map for 38 Oak Street Andergrove QLD 4740
    RE/MAX U
    RE/MAX U
    143 Coronation Drive
    Milton, QLD 4064

    Property Highlights

    Date Sold2 Aug 2024
    Sold Price$5,400,000
    Floor Area499 m²
    Land Area2,310 m²
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2018534863
    Category
    Last updated  5 Aug 2024

    Listed by

    Deepen Khagram
    Deepen Khagram
    RE/MAX U
    Call
    0409 557 421

    More about 38 Oak Street Andergrove QLD 4740

    38 Oak Street Andergrove QLD 4740 is categorized as Shop & Retail Property. It has a floor area of 499 m² and a land area of 2,310 m². The listing ID for this property is 2018534863.

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