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Burgess Rawson - Melbourne

9 Devereaux Drive Morayfield, QLD 4506

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9 Devereaux Drive,
Morayfield, QLD 4506

Shops & Retail • Hotel, Motel & Leisure • Other

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Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
9 Devereaux Drive
Morayfield, QLD 4506

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High Profile Fully Leased Investment Adjoining Woolworths and Coles

  • 4,047sqm site adjoins Hungry Jack's
  • Neighbours Morayfield Shopping Centre
  • Fixed 3% & 3.5% annual rent increases
+ Fully leased to national tenants Hog's Breath & Café and Café 63 on 10 year leases and Baskin-Robbins (5 years) & Master Noodle (6 years).
+ Fixed 3% & 3.5% rent increases.
+ Superb location seamlessly adjoining Hungry Jacks, Westpac Bank and Morayfield Shopping Centre anchored by Woolworths & Coles, with 6.2 million visitors annually.
+ Significant 4,047 sqm freehold site with 3 street frontages and 55 on-site car spaces.
+ 33,000 vehicles passing daily.
+ Morayfield: 40km from Brisbane CBD, part of Moreton Bay forecast population growth of 50% to 690,000 by 2041.
+ Net Income: $388,718 pa + GST

Investment Portfolio Auction 10:30am AEST Wednesday 12 May
Crown Casino, Melbourne, VIC

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Property ID: 503800826Last Updated: 11 Sep 2024

Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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