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1531 Brisbane Valley Highway, Fernvale, Qld 4306

1531 Brisbane Valley Highway, Fernvale, Qld 4306

Retail Land/Development Industrial/Warehouse

  • For Sale
  • Please Contact Agent
  • Auction

Service Station with Development Potential

  • New 5 year lease
  • Market leading tenant covenant
  • Value-add potential

  • Land Area
  • 0.81ha (2.00 acres) (approx)
  • Floor Area
  • 8,093 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 07, 2021

Interested in this property? Contact an Agent today

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street

Brisbane City Qld 4000

Campbell Bowers, JLL - Brisbane
Campbell Bowers

Service Station with Development Potential

JLL Metropolitan Retail Investments are proud to present to the market Freedom Fernvale, QLD for Sale via Auction.

The property is for sale by way of the JLL Metropolitan Retail Investments March Portfolio Auction. The Auction will be held on Thursday, 8 April at 6pm AEST at the Calile Hotel - 48 James Street, Fortitude Valley QLD.

The property has the following key characteristics:

• Brand new 5 year lease to Freedom Fuels
• Freedom Fuels- wholly owned by Fortune 500 company Indemitsu Kosan (mkt cap $822bn)
• Tenant pays all outgoings excluding land tax
• Fixed 3.00% annual rental increases
• High profile 8,093sqm* site with the potential for future development
• Substantially below market rent providing outstanding future upside through rental reversion
• Net rental of $173,493p.a. as at 31 March 2021

1531 Brisbane Valley Highway, Fernvale, Qld 4306

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