Brand New Fast Food and Convenience Retail Offering – Growth Corridor Location

  • $5,500,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present EG & Oporto Aura Caloundra (Sunshine Coast) for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

The asset has the following key investment features:

– Secure 15 year net lease to 2039 plus options to 2069 with CPI annual rent increases (capped) – whole of land lease to EG Ampol

– EG Group – Global fuel & convenience retail giant with 5,959+ locations across 10 countries

– Oporto – National fast food operator owned by Craveable Brands, part of 580+ location network including Red Rooster & Chicken Treat

– Premium fast food & convenience retail asset purpose built by EG Ampol, incorporating Oporto restaurant and drive-thru offering

– Brand new 2024 construction boasting significant depreciation benefits and state-of-the-art finishes

– High profile 3,974 sqm* corner site in key retail location along Aura Boulevard, neighbouring McDonald’s, KFC and Guzman y Gomez

– Aura Caloundra – $9Bn* Stockland masterplanned community and Australia’s fastest growing residential development (2,000+ new resident pa), estimated to deliver 20,000+ dwellings for 50,000+ residents

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

– Net Lease – Tenant pays usual outgoings as per lease

– Net Income $475,000 pa* + GST

*Approximately

‘EG & Oporto Aura Caloundra (Sunshine Coast)’ is for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

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

Property Code: 1003

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