Prime Metro Brisbane Convenience & Fast Food Investment – 3,029 Sqm Gateway Site

  • $6,500,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘7-Eleven & Subway Eight Mile Plains (Brisbane)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– 7-Eleven – Secure 12 year net lease to 2031 plus options to 2048, with market leading and rarely offered CPI + 0.5% annual rent increases

– 7-Eleven – Trophy convenience retailer sold for $1.7Bn to Tokyo-listed ‘Seven & I Holdings’, joining global network of 83,000+ stores

– Subway – Secure 7 year lease plus options to 2041, with rare CPI + 1% annual rent increases

– Head company lease to Subway – Global sandwich chain dominating the Australian market with the most fast food outlets of all operators, 1,229+ stores nationally

– Strategic fuel, fast food & convenience retail position at junction of Logan Road (35,000 vehicles daily) and entry to Gateway Motorway on-ramp (104,194+ vehicles daily), via Levington Road

– Commanding 3,029 sqm* corner site with 21 car parks and benefitting from dual street, all-direction access via traffic-light controlled intersection

– Modern improvements newly built in 2019 providing significant deprecation benefits and latest underground infrastructure

– Eight Mile Plains – Established Brisbane metro suburb only 14 km* to CBD neighbouring Rochedale and Sunnybank, adjacent RACQ Headquarters as well as Queensland’s largest office park and major employment precincts, Brisbane Technology Park and Freeway Office Park’

– Brisbane – Booming capital city and economic engine of the $409 billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

– Net lease structures – Tenants pay all usual outgoings

– Net Income $513,345 pa* + GST

*Approximately

7-Eleven & Subway Eight Mile Plains (Brisbane) is for sale via Immediate Offers to Purchase.

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

Property Code: 914

You might also be interested in

Contact our property experts to discuss your requirements

Compare listings

Compare