36-40 Morayfield Road

Caboolture South QLD 4510

High yielding long term tenanted investment Building area - 198m* Land area - 1,619m* Prime 80m* dual street frontage to Morayfield Rd, accommodating 31,357* vehicles daily Tenanted by Metro Petroleum 10 Year lease in place until 2033 with fixed 3% annual increases Current net income - $355,401.50 PA (Exclude land tax) 100% Outgoings paid by tenant excluding land tax Metro Petroleum has one of the largest independent fuel and convenience retailers in Australia with over 300* service stations nationwide, servicing 40,000* plus customers daily Opportunity to redevelop Zoned - General Residential Zoning allows for maximum 21 meters height (equivalent to 6-7* stories) Short distance to Morayfield Shopping Centre anchored by Woolworths, Big W, Target, Coles and Kmart, welcoming over 6,200,000* visitors annually Less than 5km* the Caboolture West development is set to deliver 30,000 new homes for 70,000 residents Highly accessible position 5 mins* from the Bruce Highway* Approximately Caboolture is a key retail and commercial hub approximately 35 kilometres from Brisbane CBD, and is part of the rapidly expanding Moreton Bay region. Caboolture has a population forecast to grow over 40%* to 690,000+ residents by 2041.DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers/lessees should make their own enquiries to verify the information.