Peter Laoudikos from RWC Gold Coast is pleased to present 2 Dixon St, Yatala, a strategic corner commercial property in one of the busiest Industrial estate intersections offering a rare opportunity to purchase within the fastest growing Industrial location in the country.
This commanding, multi-tenanted 5,158sqm site comprises multiple tenancies including a brand new 10 year lease to Pacific Petroleum until October 2033 with two x 10 year options, a lease to the busiest truck wash in SEQ and NJS Group, a scaffolding company who rely on this logistical location to access Brisbane, the Gold Coast, the Redlands and Logan. The property furthermore offers surplus land with additional scope for further development such as a fast food pad site, showroom or warehouse.
This multi-tenant opportunity offers the ability for a strong diversified long term income stream. Passive investors will see increased rental demand in the area and with Yatala providing a key logistical hub for major businesses across Australia, you can feel confident this property will grow in rental value for sometime.
Key investment highlights include:
- Expansive and irreplaceable 5,158sqm corner site*
- Fully leased net Income of $336,932* per annum
- Three tenancies consisting, fully operational service station, Truck Wash and NJS Group.
- Pacific Petroleum lease expires 15th of October, 2033 with 2 x 10 year options
- Fully operational Truck Wash
- Future development potential with ability to increase net income
- Dominant position fronting major arterial roads and providing easy access to both the M1 North and South providing accessibility to Brisbane & The Gold Coast.
- Strategically positioned in the fastest growing Industrial locations in Australia
This is an extremely rare opportunity to acquire a truly well positioned asset which offers the investor the rare opportunity to secure an established service station centre which can be re-positioned to offer a high yielding return.
*Approximately
The size of Yatala is approximately 14 square kilometres. It has 13 parks covering nearly 4.2% of total area. The population of Yatala in 2011 was 1,345 people. By 2016 the population was 1,320 showing a population decline of 1.9% in the area during that time. The predominant age group in Yatala is 50-59 years. Households in Yatala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yatala work in a trades occupation. In 2011, 89% of the homes in Yatala were owner-occupied compared with 91.8% in 2016.
Yatala has 1,226 properties. Over the last 5 years, Houses in Yatala have seen a 93.04% increase in median value. As at 31 October 2024:
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