Sold
Shell Hatton Vale
4003 Warrego Highway, Hatton Vale (Toowoomba) QLD
Stonebridge is pleased to present to the market 'Shell Hatton Vale' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Secure 10 year lease to 2030 + options to 2050 with fixed 3% annual rent increases
- Shell - Boss Group: Proven and established fuel and convenience retailer with an extensive network of 16 BP, Shell and Ampol branded sites throughout South-East Queensland
- Improvements newly completed in 2020, providing significant depreciation benefits
- Commanding 7,474 sqm* site boasting 125 metre* frontage to Warrego Highway (21,619+ vehicles daily) – the important primary transport route for commuters, freight and logistics between Brisbane and Toowoomba
- Well configured site with three street frontages and dual street access, including direct access off Warrego Highway
- 29 onsite car parks plus dedicated heavy vehicle/truck manoeuvrability lane and hi-flow diesel offering
- Hatton Vale – Only 45 minutes* west of Brisbane and part of emerging Lockyer Valley Region – population forecast to grow 36% by 2041
- Near established and booming Plainland growth area, incorporating 623 new homes, new Bunnings, McDonalds, KFC and plethora of additional retailers
- Tenant pays usual outgoings as per lease including Land Tax, General Repairs & Maintenance and Environmental
- Lease secured by Personal Directors Guarantee & Bank Guarantee equivalent to 3 months' rent + GST
- Net Income $602,926 pa* + GST
*Approximate
'Shell Hatton Vale' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.