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Burgess Rawson - Melbourne

EG Group, 1 McKay Street Brendale, QLD 4500

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EG Group, 1 McKay Street,
Brendale, QLD 4500

Shops & Retail • Other • Development Sites & Land

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Burgess Rawson - Melbourne
Jamie Perlinger

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
EG Group, 1 McKay Street
Brendale, QLD 4500

Map of EG Group, 1 McKay Street

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Brand New Fast Food & Convenience Retail Investment | 15 Year Net Lease to EG Group

  • 15 year lease to 2038 plus opts
  • Annual CPI rent reviews
  • Outstanding depreciation benefits
Burgess Rawson is pleased to offer EG Brendale (Brisbane) QLD to the market via for sale via our Investment Portfolio Auction 160.

The property has the following investment features:

+ Brand new fifteen (15) year net lease to EG Group to 2038 plus six (6) further five (5) year options to 2068
+ EG Group: multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally
+ High exposure 6,390sqm* freehold corner site in the tightly held Brendale industrial precinct
+ Favourable annual CPI rent reviews
+ Investor preferred net lease with the tenant paying all outgoings, including land tax
+ Brand new state-of-the-art purpose-built convenience retail and freestanding fast food drive-thru facility offering outstanding tax depreciation benefits
+ Ideally positioned neighbouring new large format retail centre and directly opposite Bunnings Warehouse
+ Rare to market opportunity to secure convenience retail, fuel and freestanding Oporto branded fast food investment underpinned by EG Group head lease
+ Includes additional development land DA approved for freestanding fast food drive-thru facility under head lease, providing future upside and increased depreciation benefits
+ Brendale: one of Brisbane's most sought-after and developing industrial precincts located 16km* north of the Brisbane CBD
+ Moreton Bay: one of Australia's fastest growing urban regions, with its population forecast to grow by over 50% to more than 690,000 by 2041
+ Net Income: $550,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property ID: 504299776Last Updated: 7 Aug 2024

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