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Retail for Sale

427 Moggill Road Indooroopilly, QLD 4068

For Sale - Price on ApplicationFloorplan
  • Building: 128m²
  • Land: 2,198m²

Contact the agent if you'd like further information.

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Retail for Sale in Indooroopilly

Blue Chip Investment Underwritten by International Tenant

  • Building: 128m²
  • Land: 2,198m²

Investment Description
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This quality single-tenant investment is leased to Freedom Fuels, acquired 100% in December 2012 by Idemitsu Kosan Co-a publicly listed company on the Japanese stock exchange.

Idemitsu has an issued capital of $178 billion. As a very Substantial Listed Company, Idemitsu Kosan Co provides a very strong lease covenant and a very reliable rental income.

Key Demographic Features:
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  • Massive 29,800 vehicles per day; or 10.87 million vehicles per annum
  • Median Property Price Indooroopilly: Houses: $1,650,000 - Apartments: $780,000
  • Population within 10 minute drive: 171,773 residents
  • Median Household Income: $128,615 (v $102,179 QLD).

Key Investment Features:
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  • Annual Rental Increases: Lesser of CPI or 4%
  • Lease Details: 10 year initial term + 5 year option
  • Current Lease expiry: June 2032 (inc options)
  • Lease Type: Head office Lease to Listed Company
  • Current Net Rent: $337,000 approx

For further information, please contact Stephen Kidd today on 0413 550 474

Building:

128m²

Land:

2,198m² / 0.54 acres

Zone:

Low Density Residential - Approval For Primary Land Use Service Station

Tenancy:

Tenanted

Categories:

Retail, Industrial/Warehouse

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

427 Moggill Road, Indooroopilly, QLD 4068
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