Stonebridge National Investment Sales is pleased to present Metro Petroleum Caboolture South for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 10 year head company net lease to 2033 + options to 2053 with fixed 3% increases
- Metro – One of Australia’s largest independently owned fuel and convenience retailers with 270+ stores nationally, servicing 40,000+ customers daily
- Prominent 1,619 sqm* corner site improved by brand new fuel and convenience retail with 11* car parks, offering significant depreciation benefits
- Directly opposite Market Plaza Caboolture South anchored by Woolworths and less than 5 km* from AV Jennings Caboolture West master planned development set to home 68,000+ new residents
- Prime 80 metre* dual street frontage to Morayfield Road, accommodating 31,357+ vehicles daily*
- Strategic location along one of Brisbane’s key retail ‘magic mile’s’, only 1 minute* to Morayfield Shopping Centre anchored by Woolworths, Big W, Target, Coles and Kmart, welcoming 6,200,000+ visitors annually
- Highly accessible position only 5 minutes* from the Bruce Highway (113,860+ vehicles daily*), with the Caboolture to Bribie Island section undergoing a $662.5 million upgrade expected to be completed in late 2023
- Caboolture – Key retail and commercial hub 35 km* from Brisbane CBD, part of the rapidly expanding Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041
- Net Lease – Tenant pays usual outgoings as per lease excluding Land Tax
- Net Income $335,000 pa* + GST
Metro Petroleum Caboolture South is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.