346 Gympie Road, Kedron QLD

For Sale

Retail

For Sale by Expressions of Interest

4092m2

Coles Kedron comprises a brand-new, freestanding “state of the art” full-line Coles Supermarket and Liquorland store supported by a cafe and Coles Express Service Station completed in September 2017. Coles Kedron is 100% leased and features long WALE security of 14.73* years by area.


Strategically located on a high-profile intersection on Gympie Road, one of Brisbane’s busiest traffic routes. This irreplaceable location is only 7 radial kilometres* from Brisbane CBD and within 1 kilometre* of the Airportlink-M7 tunnel system.

Key attributes include:

- Brand new freestanding Coles Supermarket & Liquorland store plus Coles Express service station & café

- 100% leased with blue-chip tenants Coles & Coles Express securing 96%* of income

- 14.73* year WALE underwritten by a new 15 year net lease to Coles

- Strong supermarket performance - Coles Kedron dominates the trade area

- High profile site on Gympie Road with exposure to over 31 million* cars per anum, only 7km* radially from Brisbane CBD

- Affluent inner Brisbane trade area featuring high income levels and young family households

- Booming Brisbane - unprecedented infrastructure investment and strong migration driving growth

- Land rich asset - large 9,550sq m* site

- Net income - $1,848,633pa*

- Strong depreciation benefits

*Approximate

For Sale by Expressions of Interest closing 2pm (AEST) Thursday 22 November 2018