148A Station RoadBurpengary QLD 4505
Property Details for 148a Station Rd, Burpengary
Last Listing description (September 2024)
148A Station Road is a freehold, single tenant investment leased to the largest car wash provider in the world.
Key property attributes:
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• Rapidly Growing Region - 50 min north from Brisbane CBD
• Large trade area population with high growth
• Head Office lease with successful business
• Part of a successful retail complex including: 7-Eleven, Auto Masters, Banjos Bakery Drive-thru & Mia Bella Coffee Drive-thru
• IMO - 1200 + car washes worldwide
• Adjacent to the principle shopping precinct with Coles, Woolworths, Aldi and Kmart
Key Investment attributes:
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• Long Term Lease: 10+10 years
• Outgoings: 100% recovered including land tax and management (Triple Net Lease)
• Net income approx $151,000 - paid monthly in advance
An Information Memorandum and detailed Due Diligence (DD) folder is is available upon request.
For Sale by public Auction - 6th September 2024.
Call Stephen today for further information - 0413 550 474.
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Additional search terms
Car Wash Freehold for Sale / Adjacent to McDonalds / Diagonally opposite to Hungry Jacks / IMO is part of the Driven Brands Group
Property History for 148a Station Rd, Burpengary, QLD 4505
- 06 Sep 2024Sold for $2,640,000
- 26 Jul 2024Listed for Sale UNDER CONTRACT
- 03 Dec 2018Sold for $9,050,000
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0About Burpengary 4505
The size of Burpengary is approximately 22.5 square kilometres. It has 41 parks covering nearly 14.4% of total area. The population of Burpengary in 2011 was 12,963 people. By 2016 the population was 14,021 showing a population growth of 8.2% in the area during that time. The predominant age group in Burpengary is 10-19 years. Households in Burpengary are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burpengary work in a trades occupation. In 2011, 74.4% of the homes in Burpengary were owner-occupied compared with 70.6% in 2016.
Burpengary has 7,634 properties. Over the last 5 years, Houses in Burpengary have seen a 79.79% increase in median value, while Units have seen a 96.74% increase. As at 31 October 2024:
- The median value for Houses in Burpengary is $852,660 while the median value for Units is $509,835.
- Houses have a median rent of $590 while Units have a median rent of $460.
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