17 Year Net Lease to ASX Listed Fast Food Retailer | Drive-Thru on 5,115sqm* Bruce Highway Site
Burgess Rawson is pleased to offer to the market Oliver's located at 23532 Bruce Highway, Maryborough West QLD, for sale via our Investment Portfolio Auction 161.
The property has the following investment highlights:
+ Seventeen (17) year net lease to Oliver’s to 2034 plus two (2) further five (5) year options to 2044
+ Oliver’s: established ASX-listed fast food retailer with locations along major arterial roads and key supplier to EG service stations nationally
+ Directly adjoining the Maryborough North Ampol service station and truck stop, with plans in place for an additional Shell Service Station and McDonald’s
+ Large 5,115sqm* freehold drive-thru site with Bruce Highway exposure
+ Landlord favourable net lease structure with Oliver’s responsible for all usual outgoings including land tax
+ Strong and certain growth with fixed 3% annual rent increases
+ Single lane drive-thru, modern configuration with on-site parking for 35 vehicles
+ Strategically positioned between the Moonaboola and Maryborough West Wide Bay Industrial Estates - 100ha of industrial estate constructed or under construction
+ Fraser Coast Regional Council: thriving regional area in the Wide Bay Burnett region, with the population forecast to grow 25% by 2041
+ Net Income: $144,240 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 22 June 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Remember to mention you found this property on CommercialReady
