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962 Kingston Road, Waterford West, QLD, Australia
  • Freehold passive investment - brand-new double net lease with ratcheted increases
  • Triple A minus credit rating covenant leased to Liquorland Pty Ltd (Wesfarmers)
  • Large 1.1* hectare parcel of land with obvious longer term development upside
  • $1.25m upgrade to be undertaken by tenant at their expense
  • Brand new initial long 15-year lease term with further options available
  • Commencement rent of $1,250,000 per annum (ratchet increases)
  • On-site First Choice Liquorbarn and tenant has three detached bottle-shops off existing commercial licence
  • Located in a prime commercial precinct located directly opposite a Coles anchored shopping centre and with major demand drivers in direct proximity such as Logan TAFE and Logan Hospital
  • Located on a corner site, flanked by two main arterial roads with high volume traffic movement

For sale by Expression of Interest, closing 28th June at 4pm (AEST)