Sale by negotiation

181 Kruger Parade,
Redbank Plains 4301, Queensland

3,257m² land size
215m² building size
Retail

Price on Application


Property details

Prime Metro Service Station Investment with Upside - 7% Yield

RWC Southwest, as Exclusive Agents, are pleased to present 181 Kruger Parade, Redbank Plains to the market for Sale. Redbank Plains is a rapidly growing precinct located approximately 30 kilometers from the Brisbane CBD. The suburb has excellent connectivity to major transport corridors, including the Ipswich Motorway and Centenary Highway.

Property Features:
? 215 SQM Service Station Facility
? 3257 SQM of Main Road Land
? Corner Site with two street access
? Positioned within the Western Growth Corridor - one of Queensland's
? Fastest growing regions
? Population expected to exceed 535,000 residents by 2046
? Tenant Responsible for Future Site Remediation
? Extra land for future development
? Surrounded by household name retailers, brand new residential estates, and key infrastructure projects

Investment Details:
? Tenant - Freedom Fuels (subsidiary of Idemitsu Kosan, multi-billion dollar company listed on the Japanese Stock Exchange)
? Term - 15 Year Lease (Expires 31st of December, 2029)
? Return - $436,522 + Outgoings + GST
? Options - 1 X 5 Year
? Increases - 3.5%

For more information or to arrange a time to inspect please contact the Exclusive Agent at RWC Southwest.

All Items Approx*

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