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689 New Cleveland Road Gumdale, QLD 4154

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689 New Cleveland Road,
Gumdale, QLD 4154

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Brand New 7 Eleven Petrol Station with 15 Year Lease - 14km to Brisbane CBD

- New 15 year lease to 2029 + options to 2044
- 7 Eleven Stores Pty Ltd: 615 stores Australia wide
- Fixed 3.75% annual increases
- High profile strategic corner site of 2,336 sqm with dual street access
- Brand new improvements fully maintained by 7 Eleven
- Directly opposite IGA anchored Eastside Village shopping centre
- Gumdale: Affluent, rapidly growing suburb of Brisbane
- All outgoings paid by tenant (excluding land tax)
- Significant Depreciation Benefits ie. $110,457 in 2015/2016 FY
- Net Income: $307,000 pa + GST

Property ID: 501666981Last Updated: 25 Jul 2016

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689 New Cleveland Road
Gumdale, QLD 4154
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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