148-152 Clarke Road, CRESTMEAD, QLD, 4132

Burgess Rawson is pleased to offer to the market, 148-152 Clarke Road, Crestmead for sale via our Auction Investment Portfolio 155.

This investment has the following key investment highlights:

+ Anchored by a band new 15 year net lease to Stellarossa plus options to 2052

+ Brand new 10 year net leases to Anytime Fitness & City Cave plus options to 2047

+ Outstanding 11+ year WALE investment

+ Strong and certain rental growth with minimum fixed 3% annual rent increases

+ Construction completed in August 2022, allowing for outstanding tax depreciation benefits (approx. $176,500 first year tax deprecation)

+ Large 4,725sqm* site with 64 at-grade car parks

+ Strategically positioned within Logan's $1.5 billion Crestmead Logistics Estate, the nine-stage, 157 hectare development is set to create 6,000 jobs over the next five years

+ Surrounded by over 15 residential developments recently approved with over 3,000 new dwellings to be completed by end of 2022

+ The City of Logan: by 2041, population is forecast to grow by 59% to over 586,000

+ Net Income: $423,907.71 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Friday 16 September 2022

The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

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