11 Depot Road, Deagon, QLD, 4017

CBRE Retail Investments are pleased to present to market Deagon Travel Centre - A long WALE retail convenience investment underpinned by high-profile national retailers, conveniently located in a dominant position in Brisbane’s northern growth corridor.

• A highly sought-after income profile underpinned by Hungry Jacks (13 years), Pearl Energy (10 years) and Car Wash (10 years), representing a long 8.4 year WALE.

• Located 16km* from the Brisbane CBD on a 5,555sqm* high profile location along Depot Road with easy access to two major arterial roads, the Gateway Motorway (200m*) and Sandgate Road (380m*)

• The centre is anchored by three long-term leases with annual rental reviews between 3% and 3.5%, providing an easily managed and a defensive income structure.

• Excellent accessibility with direct access off Depot Road via a signalised intersection and multiple egress and ingress points carrying traffic from all points of the compass.

• Generous on-grade car parking for 42 vehicles, and a clearly signed Hungry Jack’s drive-thru access offering absolute convenience for the customer experience.

• With the rising cost of construction, there is an opportunity for a genuine revisionary income lift in the future

• Net Income $658,000 per annum + GST *^

Deagon Travel Centre is for sale via expressions of interest closing Tuesday 5th December 2023 at 4pm (AEST).

For further information on this property, please reach out to the sales and marketing agents.

*Approximate.

Remember to mention you found this property on CommercialReady