148E Station RoadBurpengary QLD 4505
Property Details for 148e Station Rd, Burpengary
Last Listing description (August 2023)
Burgess Rawson is pleased to offer to market the Banjo's Bakery Cafe located at 148E Station Road, Burpengary QLD for sale via our Auction Investment Portfolio 162.
The property has the following investment highlights:
+ Brand new fifteen (15) year head office net lease to Banjo's Bakery Caf to 2038 plus two (2) further ten (10) year options to 2058
+ Prime 2,612sqm* freehold site directly adjoining McDonald's and 7-Eleven and located along major retail corridor directly off the Bruce Highway
+ Fixed 3% rent increases, compounding annually, ensuring income growth
+ Investor preferred net lease structure with the tenant paying all outgoings including land tax
+ Single lane drive-thru, modern configuration with on-site parking for 22 cars
+ Constructed in 2023, providing outstanding tax depreciation benefits
+ Favourable turnover rent clauses in place offering potential future income growth
+ Surround by complimentary tenants, including McDonald's, Supercheap Auto, 7-Eleven, IMO Car Wash, Hungry Jack's and Auto Masters
+ Located within close proximity to Burpengary Plaza anchored by Kmart & Woolworths and Burpengary Central anchored by Coles & ALDI
+ Moreton Bay: one of Australia's fastest growing urban regions, with its population forecast to grow by over 50% to more than 690,000 by 2041
+ Net Income: $250,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 3 August 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property History for 148e Station Rd, Burpengary, QLD 4505
- 03 Aug 2023Sold for $4,510,000
- 07 Jul 2023Listed for Sale Price on Request
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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 7,666 properties. Over the last 5 years, Houses in Burpengary have seen a 76.81% increase in median value, while Units have seen a 91.86% increase. As at 31 August 2024:
- The median value for Houses in Burpengary is $834,915 while the median value for Units is $484,920.
- Houses have a median rent of $580 while Units have a median rent of $460.
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