High Profile Gold Coast Investment – Anchored by Secure 10 Year Net Lease to BP

  • $6,000,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘BP & The Yiros Shop Molendinar (Gold Coast)’ for sale via Expressions of Interest closing Thursday 19th February at 3pm (AEDT).

The asset has the following key investment features:

– BP – 10 year net lease to 2031 plus options to 2051, with CPI annual rent increases

– BP – Leading multinational fuel & convenience retail powerhouse operating global network of 21,000+ sites

– The Yiros Shop – New 10 year net lease to 2035 plus options to 2049, with favourable 3.5% rent increases

– The Yiros Shop – High performing fast food operator founded in 2015, featuring established 15+ store network

– Substantial 3,565 sqm* corner site boasting 120m* dual street frontage, providing exceptional access to 25 car parks and drive thru

– Ideal fast food & convenience location on Nerang Road, a key Gold Coast arterial carrying 36,351+* vehicles daily, only a 3 min* drive to the Pacific Motorway

– Modern, well-configured BP and drive thru convenience retail offering (built 2021), providing latest underground fuel infrastructure & strong depreciation benefits

– Unrivalled location in dominant retail corridor nearby McDonald’s, KFC, Guzman y Gomez, Starbucks, Aldi, Drakes, Spotlight, Anaconda, Petstock, RSEA Safety & Supercheap Auto

– Gold Coast – World famous location with current population of 590,000+ set to boom to 1 million by 2050*

– Net Leases – Tenants pay all usual outgoings as per leases

– Net Income $596,664 pa* + GST

‘BP & The Yiros Shop Molendinar (Gold Coast)’ for sale via Expressions of Interest closing Thursday 19th February at 3pm (AEDT).

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

*Approximately

Our ID: a0TOd00000aBbkeMAC
Our Ref: National Portfolio, Fuel & Convenience

Property Code: 1552

Sale Details

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  • Property Type: Fuel & Convenience, Retail Property, Industrial
  • Method of Sale For Sale

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