Stonebridge is pleased to present ‘Mobil & Zarraffa’s Hervey Bay’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Mobil (Pearl Energy) – Secure 15 year net lease to 2036 + options to 2066 with uncapped CPI annual increases

– Established, premium fuel and convenience retailer rapidly expanding with 153+ locations nationally

– Zarraffa’s Coffee – Secure 15 year net lease to 2036 + options to 2066 with CPI annual increases (minimum 3%)

– Successful 15 year Hervey Bay track record, proven national tenant & pioneer of coffee drive thru’s with 80+ outlets across Australia

– Prominent 2,228 sqm ‘gateway’ site on bustling Boat Harbour Drive, a blue chip retail thoroughfare carrying 20,817+ vehicles daily

– Boat Harbour Drive – retail ‘magic mile’ home to Bunnings, KFC, McDonalds, Hungry Jacks, Dan Murphy’s plus Coles & K-Mart anchored Stockland Shopping Centre

– Newly developed in 2022 providing outstanding depreciation benefits and latest underground fuel infrastructure

– Well configured convenience retail & fast food site – 16 car parks, drive-thru and important heavy vehicle/truck manoeuvrability lane

– Hervey Bay – World renowned tourist destination and focal point of Fraser Coast region, trade catchment 107,000+ & 4.3 million visitors annually, experiencing significant population growth

– Net Leases – tenants pay all usual outgoings

– Leases secured by 3 month Bank Guarantees & Directors Personal Guarantees

– Net Income $504,586 pa* + GST

‘Mobil & Zarraffa’s Hervey Bay’ is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1317