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36 Chambers Flat Road Marsden, QLD 4132

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36 Chambers Flat Road,
Marsden, QLD 4132

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Trophy Fuel & Fast Food Asset with New 15 Year Lease

  • New 15 and 13 year leases
  • Large 3,783 sqm site with 87m frontage
  • 3% and 3.75% rental increases
- Secure brand new 15-year lease to Viva Energy Australia Ltd through to 2031 with options to 2046 - 850+ stores Australia wide
- Secure brand new 13-year lease to Hungry Jack's Pty Ltd through to 2029 with options to 2046 - 370+ stores Australia wide
- Newly built in 2016 to Hungry Jack's latest format as well as major refurbishment of the service station
- Large 3,783 sqm landholding with 87 metre frontage
- Recently redeveloped in 2016 – new format store designed to Hungry Jack's corporate design as well as refurbishment of the Shell service station, including new double skin fibreglass tanks and the latest fuel delivery technology
- Rare lease structure with tenant having ownership and full responsibility of the tanks and all underground fuel equipment - latest fuel delivery technology and fully VR2 compliant
- Rental increases of 3% and 3.75% respectively
- Marsden: Thriving Logan City location situated only 30km south of Brisbane CBD
- Net Income: $431,400 pa (plus GST)

Auction 11am AEDT Tuesday 21st February 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Property ID: 502233322Last Updated: 13 Apr 2017

07 3220 36...
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36 Chambers Flat Road
Marsden, QLD 4132
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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