Lot 3, 80-90 Morayfield Road Caboolture QLD 4510

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

The property has the following investment features:

+ Brand new fifteen (15) year lease through to 2039 with two (2) further five (5) year options to 2049.
+ Carls Jr: Leading global fast-food operator with 3,800+ stores globally. (1)
+Brand new state-of-the-art Carl's Jr freestanding dual drive-thru facility.
+ Significant 93% tax depreciation benefits meaning $245,000 of year one is potentially tax deductable.
+ Strong and certain rental growth with compounding fixed 3% annual increases.
+ Highly desirable General Residential Urban Neighbourhood zoning allowing for development up to seven (7) levels.
+ Prominent 1,829 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly. (2)
+ Strategic position in close proximity to the Woolworths anchored Market Plaza Shopping Centre and Leda Property's Morayfield Shopping Centre with 6 million annual visitors. (3)
+ 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: $262,545 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) Carl's Jr
(2) GapMaps
(3) Morayfield Shopping Centre
(4) Regional Action Plan - Moreton Bay Budget
(5) ***
(6) Queensland Regional Profiles: Resident - Moreton Bay
(7) Profile.id