Added today
177 Government Road,
Labrador, QLD 4215
Shops & Retail • Medical & Consulting
Added today
Price information
Sale - Auction Thu 31 Oct
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$401,984
Number of Tenants
3 Tenants
Tenants / Type
Caltex, Star Liquor & Retail
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
177 Government Road
Labrador, QLD 4215
Map of 177 Government Road
Tram stops within 5 km of 177 Government Road, Labrador, QLD 4215 Distance Gold Coast University Hospital 2.1 km Southport Depot 2.2 km Nerang Street 2.7 km Parkwood East 3.5 km Parkwood 4.9 km POWERED BY HERE ©Bus stops within 5 km of 177 Government Road, Labrador, QLD 4215 Distance Wilson St at Stoke Avenue 237 m Wilson St Near First Ave 284 m Usher Ave Near Tanias Pl 363 m Wilson St Near Heydon Ave 371 m Wilson St at Robert Street 426 m POWERED BY HERE ©
POWERED BY HERE ©
Recently Refurbished Convenience Retail Investment | 10 Year Net Lease + Options to 2048
- Recently refurbished & rebranded
- 105m* of frontage to Government Road
- Mix of CPI, fixed 2.5% and 4% increases
Burgess Rawson is pleased to offer to the market 177 Government Road, Labrador QLD for sale via our Investment Auction Portfolio 172.
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, now 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 mix of CPI and 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 and Australia Post
+ 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: $401,984 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
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, now 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 mix of CPI and 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 and Australia Post
+ 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: $401,984 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504705392Last Updated: 4 Oct 2024
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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