422-436 Warwick Road, Yamanto QLD

For Sale

Retail

For Sale by Expressions of Interest

16140m2

    • Building Name Yamanto Village
Yamanto Village comprises a prime retail complex anchored by a Caltex Service Station and includes 3 drive-thru fast food tenants, Zarraffa’s, Zambrero and Subway plus a complementary mix of national and brand tenants including Anytime Fitness, Noodle Box and Getta Burger.

Key attributes include:

- 15 Year Anchor Tenant Net Lease - Caltex Australia (ASX:CTX) is secured by a rare 15-year Net Lease (Caltex pays all outgoings including land tax)


- National & Brand Tenant Mix - Over 65%* of the fully leased Gross Income is secured by national and brand tenants including Zarraffa’s, Zambrero, Subway


- Guaranteed Income Growth - Most tenants are secured on net leases, with all featuring annual review mechanisms between 3% and 4%


- Long Lease Expiry Profile - Yamanto Village features a long Weighted Average Lease Expiry (WALE) of 8.8* years, with all lease terms ranging from 7 to 15 years


- High Growth Location - Positioned in one of Qld’s fastest growth residential corridors with a forecast of 7.2%* annual population growth & close to Amberley RAAF Base which employs 7,000* people


- Tax Effective Income with High Depreciation Benefits - Developed in 2016* with significant depreciation & valuable tax benefits


- Fully Leased Net Income — $1,175,896*pa


For Sale by Expressions of Interest closing 4pm (QLD time) Thursday 8 November 2018


*Approx.