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35 Stapylton Street North Lakes, QLD 4509

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35 Stapylton Street,
North Lakes, QLD 4509

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Trophy Freehold Fuel Asset - High Growth Location. 10 Year Lease - Rent Paid Annually in Advance.

  • 10 year lease to 2023
  • Site area of 2,577 sqm
  • Rent paid annually in advance
- 10 year lease to 2023 with options to 2033
- Leased to Caltex Australia Petroleum – ASX listed fuel supplier
- Near new improvements constructed in 2013 providing a modern, purpose built service station with the latest fuel delivery technology
- All usual outgoings recoverable from the tenant (excluding land tax)
- North Lakes: Premier, award winning Stockland master planned residential retail + commercial community 28kms north of Brisbane CBD with trade population of 360,000 people
- Site area of 2,577 sqm, easy access off freeway
- Immediately adjoining a strong trading KFC drive thru, Gloria Jeans and Beefy's Pies
- Seamless integration with major retailers and adjacent to Westfield North Lakes, Coles, Woolworths and IKEA superstore
- Substantial taxation saving depreciation benefits
- Net Income: $431,873 pa (Rent paid annually in advance)

Auction 11am Wednesday 14 September 2016
Crown Conference Centre, 25 Whiteman Street
Southbank Melbourne, Opposite Crown Towers

Property ID: 502071142Last Updated: 7 Dec 2016

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35 Stapylton Street
North Lakes, QLD 4509
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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