113 Granard Road,
ROCKLEA,
QLD 4106

Suburb
Property Type
Retail
Car Spaces
20
Area
283sqm
Status
sold
Property ID
153994

FOR SALE | METRO BRISBANE SERVICE STATION RETURNING CIRCA 6%

Elders Commercial Brisbane are pleased to exclusively present to the market for sale 113 Granard Road, Rocklea – a strong performing metropolitan Brisbane service station located within one of Queensland’s most high-profile growth corridors.

The investment posesses the following characteristics:

– Long term, secure ten (10) year net lease providing 4% or CPI annual rent increases
– Strong 5.3 year WALE with favourable options until 2036
– Anchored by Freedom Fuels – A wholly owned subsidiary of multinational giant Idemitsu Kosan Ltd, a Fortune 500 Company with market capitalisation of $873 Billion
– Impressive convenience retail asset with built in sales counter, console, refrigeration units and stock displays
– Strategic homebound location with direct site access & exposure to 45,000* vehicles passing daily
– FLOOD FREE SITE DURING BRISBANE’S 2011 FLOODS!
– Granard Road – Busy carriageway home to tenants such as McDonald’s, Hungry Jack’s, Bunnings & Kennards Hire
– Rocklea – 11km south west of the Brisbane CBD, home to high growth residential & huge industrial catchments
– Passive Triple Net lease structure with tenants paying all usual outgoings incl. Land Tax and Building Insurance
– Current Net Income $288,748.23 pa + GST increasing to $300,298.16 + GST pa on 22nd of August

For more information or to arrange a private inspection, please contact the exclusive Elders Commercial Agents today

*Approximately

Enquire now

Buying, leasing, selling, or just weighing up your options, we’re here to help. 

Reach the team directly, or leave your details below and we’ll make sure your enquiry lands with the right person.