Brand New 5 year lease to ‘Salvo’s Stores’ – Opening July 2021

Units 302 & 303/11 Peter Way, Berrinba QLD

Property Highlights

Net lease with options through to 2041
Salvos: 125 year old government funded
Estimated net rent: $126,983*
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Description

Brand 5 year net lease with options to 2041 to Salvo’s Stores.
Salvos is a 125 year old, government-funded retailer with over 330 stores nationally.
Annual compounding 2.5% rent increases.
Strategic Logan Motorway corridor location between QLD’s three most important population centres, Brisbane CBD (22km), Golf Coast (45km) and Ipswich (32km).
Surrounded by many of Brisbane’s most important logistics facilities including Google, Charter Hall, GPT, Frasers, Logos, DHL, Metcash, Toll, JB Hi-Fi, Sigma Pharmaceuticals, John Deer, Lion Drinks, Rinnai, Penrite Oil and a Woolworths Shopping Centre.
Brand new 641sqm* retail building on two titles.
Significant depreciation benefits, with 26% of year 1 rent potentially deductible***.
91,747 residents* plus 17,752 workers employed** within 5km.
Logan: Local population forecast to grow by 50% to 500,000 by 2036****, attracting $1.7 billion in industrial development in the last 18 months*****.
Estimated net rental: $126,983* + GST.

Proudly developed by De Luca

To be sold by Burgess Rawson Investment Portfolio Auction
Wednesday 23rd June 2021 at Crown Casino Melbourne, Victoria
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

(KFC store Investment also available for purchase separately on the day)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
641 SQM
Building Area
641 SQM

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