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Lot 2, 80-90 Morayfield Road
Caboolture QLD 4510
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Sold on 15 May 2024

Lot 2, 80-90 Morayfield Road Caboolture QLD 4510

  • Shop & Retail
  • 400 m²
  • Sold

Brand New State-of-the-art Fast Food & Convenience Retail Investment | 7 Level Zoned Site

    Burgess Rawson is pleased to offer EG Caboolture South (Brisbane) QLD to the market via for sale via our Investment Portfolio Auction 168.

    The property has the following investment features:

    + Brand new twelve (12) year lease through to 2036 with five (5) further five (5) year options to 2061 - a whole of land lease direct to EG Group
    + EG Group: Multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally.(1)
    + Oporto: National fast-food operator, part of Craveable Brands operating 580+ restaurants including Oporto, Red Rooster & Chicken Treat, owned by PAG Asia Capital.(2)
    + Brand new state-of-the-art fuel and convenience retail centre including Oporto dual lane drive-thru offering.
    + Highly desirable General Residential Urban Neighbourhood zoning allowing for development up to seven (7) levels.
    + Desirable annual CPI rent reviews (min 2%, max 4%).
    + High profile 2,687 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly.
    + Important Convenience retail location, nearby to the Woolworths anchored Market Plaza Shopping Centre and Leda Property's Morayfield Shopping Centre with 6 million annual visitors.(3)
    + Brand new 2024 construction, offering significant 107% tax depreciation benefits meaning $518,000 of year one rent is potentially tax deductable.
    + Major investment into the Moreton Bay Region with the Queensland Government committing over $6 billion into improving the region for FY23-24 budget.(4)
    + Caboolture: Booming median house price which has increased by 36.9% since April 2021.(5)
    + City of Moreton Bay: Australia's third largest LGA by population, forecasted to grow to over 796,000 by 2046 (6) and currently generates $19.9 billion in gross regional product supported by over 158,800 local jobs.(7)
    + Net Income: $485,024 pa* + GST.

    To be sold by Investment Portfolio Auction
    10:30am AEST Wednesday 15 May 2024
    Yallamundi Rooms, Sydney Opera House

    Bidder registration required, register here: www.portfolioauctions.com.au

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

    *Approximately
    (1) EG Group
    (2) Oporto
    (3) Morayfield Shopping Centre
    (4) Regional Action Plan - Moreton Bay Budget
    (5) ***
    (6) Queensland Regional Profiles: Resident - Moreton Bay
    (7) Profile.id

    AUCTION

    Auction date and time15/05/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold15 May 2024
    Floor Area400 m²
    Land Area2,687 m²
    ParkingAsk Agent
    Property ID2019189007
    Category
    Last updated  17 May 2024
    Map for Lot 2, 80-90 Morayfield Road Caboolture QLD 4510
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold15 May 2024
    Floor Area400 m²
    Land Area2,687 m²
    ParkingAsk Agent
    Property ID2019189007
    Category
    Last updated  17 May 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315

    More about Lot 2, 80-90 Morayfield Road Caboolture QLD 4510

    Lot 2, 80-90 Morayfield Road Caboolture QLD 4510 is categorized as Shop & Retail Property. It has a floor area of 400 m² and a land area of 2,687 m². The listing ID for this property is 2019189007.

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