Watch Watch

2. Property Highlights

  • Secure 8.4 year WALE
  • Dominant exposure on high profile site
  • High profile national retailers

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 offers to purchase.

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


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3. Property Location

11 Depot Road, Deagon, QLD, 4017

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4. Due Diligence

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