Secure 10 year lease to Ampol Harristown + Value Add Opportunity

Auction - Thursday 22nd February 2024 at 11am

624 Alderley Street

Harristown QLD 4350

Retail

FOR SALE

3805m2

Michael Willems, Jackson Rameau & Matt Taylor of Ray White Commercial present 624 Alderley Street Harristown. A strong investment located in the heart of Toowoomba benefiting from a national tenant, population growth, and prominent street exposure.

Key features include:
- Net income $294,175* p.a + GST
- Current 10-year lease ending 2031
- Options 3 x 5 year
- Securely leased to a proven and established premium fuel and convenience retailer, BOSS Group, which has an
extensive network of Ampol, Shell and BP sites nationwide
- Guaranteed rent growth - 2.5% p.a annual rent increases
- Tenant pays all usual outgoings as per the lease - excluding Land Tax and insurance
- High profile 3,503m2* corner site boasting 112m* frontage to major arterials Alderley Street & Greenwattle Street
(15,056* + vehicles daily)
- Premium growth location, poised to become 'Australia's leading transport & logistics hub'
- DA Approval for two fast food/retail drive-thru tenancies (242m2*)
- Dual street access on an intersection soon benefiting from $4.75m* signalised upgrade
- Golden investment opportunity - do not miss out!

Offered for sale via Public Auction, to be held at the Gold Coast Turf Club, Bundall on February 22nd.
For more information or to arrange a private inspection, please contact the exclusive
marketing agents Michael Willems 0412 240 176, Jackson Rameau 0438 451 112 or Matt
Taylor 0429 959 429.

This property is being sold by auction or without a price and therefore a price guide cannot be
provided. The website may have filtered the property into a price bracket for website
functionality purposes.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately