High Profile 6,318 Sqm Service Centre – 100% Leased to ASX Ampol & Zarraffa’s Drive Thru

  • $7,000,000/Contact Agent

Property Description

Stonebridge is pleased to present Ampol & Zarraffa’s Coffee Nambour (Sunshine Coast) for sale via Expressions of Interest closing Thursday 17 October 2024 3pm (AEDT).

The asset has the following key investment features:

– Head company lease to Ampol – 12 year net lease to 2035 plus options to 2055, with fixed 3% annual increases

– Ampol – Listed multinational fuel & convenience retail giant with $6.88Bn Market Cap (ASX: ALD) and significant network of 1,900+ locations

– Zarraffa’s Coffee – 10 year net lease to 2033 plus options to 2053, with fixed 3.25% annual increases

– Zarraffa’s Coffee – Pioneer of the Australian drive-thru coffee industry, with growing network of 90+ stores nationally

– Prime fuel, convenience retail & fast food offering in rare gateway location 350m* from on-ramp to Bruce Highway M1 (41,429+ vehicles daily), granting significant exposure to passing traffic

– Commanding 6,318 sqm* site located on key arterial Bli Bli Road, boasting 180m* of prime street frontage, convenient access and 20 on site car parks

– Modern improvements newly built in 2020 providing strong depreciation benefits and latest underground infrastructure

– Located in close proximity to a plethora of national retailers including Woolworths, Coles, Aldi, McDonald’s, KFC, Hungry Jack’s, Mitre 10, Chemist Warehouse, Big W & Repco

– Nambour – Established suburb 14km west of Maroochydore, serving key role as administrative centre and business hub for Sunshine Coast Region, also connected directly to Brisbane via train

– Sunshine Coast – Prosperous region with $18.5Bn economy and rapid population growth forecast to exceed 500,000 by 2041

– Net Lease structures – tenants pay all usual outgoings as per leases

– Net Income $665,056 pa* + GST (as at November 2024)

Ampol & Zarraffa’s Coffee Nambour (Sunshine Coast) is for sale via Expressions of Interest closing Thursday 17 October 3pm 2024 (AEDT).

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

*Approximately

Property Code: 1062

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