SOLD

New 12 year lease to Australia’s number 1 convenience retailer.
Freestanding retail investment, seamlessly integrated with new McDonald’s (opening late 2020).
High-profile, gateway location linking Centenary Hwy and Redbank Plains town centre.
Ipswich: 28km* from Brisbane CBD, projected for the State’s largest population increase, forecast to grow by 151% to 557,649 residents by 2041**.
Strategic convenience site within 600m* of two schools, Fernbrooke State School and Staines Memorial College (combined 1,438 student capacity).
Attractive net lease with annual compounding 3% rent increases.
Brand new development with full depreciation tax benefits.
Secure Essential Service investment.
Estimate net income: $330,000pa.

Property proudly developed by DeLuca

*approx.
**QLD Government Medium Estimates and profile.id

Investment Portfolio Auction 137
Melbourne
Auction 10:30am AEST, Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.