Patona Property are pleased to present for sale United Service Station Virgina - a prime retail investment. The property offers investors a rare long term and secure income stream underpinned by a large, high exposure land holding on one of Brisbane’s busiest northern arterials.
- 20-year lease to United Petroleum to 30 September 2036, plus four (4) further five (5) year options to 2056.
- Whole of land lease to United Petroleum: Australia’s largest and fastest growing independent fuel retailers with around 500 sites nationwide.
- Strategic outbound position on Sandgate Road, with exposure to over 65,000 passing vehicles per day.^
- Metropolitan Brisbane location situated only 10km north of the Brisbane CBD.
- Net income is protected with a triple net lease structure, with United Petroleum being wholly responsible for all outgoings including land tax.
- Built-in income growth with fixed market leading 3.50% annual rental increases.
- Substantial 2,714sqm* freehold site with impressive road frontage, and excellent redevelopment potential.
- Estimated Net income of $493,710 + GST
- Outstanding position on Brisbane’s premier Northern retail strip, neighbouring national operators including Storage King, Golf World, Rebel Sports, Chemist Warehouse and Bunnings.
-Tenant responsible for remediating the site upon lease expiry (if required).
- Constructed in 2015 by an experienced service station and retail centre builder, offering premium fuel infrastructure including double walled fibreglass tanks set to provide appealing deprecation benefits into the future.
For Sale via Offers to Purchase closing Wednesday 2nd December at 4pm (AEST) - if not sold prior.
Please contact the exclusively appointed agents for more information.
* approximately
^ Department of Transport and Main Roads. (2025). Traffic census for the Queensland state-declared road network [Data set]. Queensland Government Open Data Portal. data.qld.gov.au
Remember to mention you found this property on CommercialReady
Patona Property are pleased to present for sale United Service Station Virgina - a prime retail investment. The property offers investors a rare long term and secure income stream underpinned by a large, high exposure land holding on one of Brisbane’s busiest northern arterials.
- 20-year lease to United Petroleum to 30 September 2036, plus four (4) further five (5) year options to 2056.
- Whole of land lease to United Petroleum: Australia’s largest and fastest growing independent fuel retailers with around 500 sites nationwide.
- Strategic outbound position on Sandgate Road, with exposure to over 65,000 passing vehicles per day.^
- Metropolitan Brisbane location situated only 10km north of the Brisbane CBD.
- Net income is protected with a triple net lease structure, with United Petroleum being wholly responsible for all outgoings including land tax.
- Built-in income growth with fixed market leading 3.50% annual rental increases.
- Substantial 2,714sqm* freehold site with impressive road frontage, and excellent redevelopment potential.
- Estimated Net income of $493,710 + GST
- Outstanding position on Brisbane’s premier Northern retail strip, neighbouring national operators including Storage King, Golf World, Rebel Sports, Chemist Warehouse and Bunnings.
-Tenant responsible for remediating the site upon lease expiry (if required).
- Constructed in 2015 by an experienced service station and retail centre builder, offering premium fuel infrastructure including double walled fibreglass tanks set to provide appealing deprecation benefits into the future.
For Sale via Offers to Purchase closing Wednesday 2nd December at 4pm (AEST) - if not sold prior.
Please contact the exclusively appointed agents for more information.
* approximately
^ Department of Transport and Main Roads. (2025). Traffic census for the Queensland state-declared road network [Data set]. Queensland Government Open Data Portal. data.qld.gov.au
Remember to mention you found this property on CommercialReady
United Virginia, 1786 Sandgate Road, Virginia, QLD, 4014
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