16-18 Aquarium Avenue, Brisbane (Hemmant) (A141)

+ Brand New 20 Year Triple Net Lease to 5 December 2040 plus options to 2055 + Pacific Petroleum: A national network of over 50 service station plus bulk fuel depots + Brisbane 24hr Unmanned Diesel Facility ideally located between Brisbane CBD and the Port of Brisbane + The Ultimate Passive Investment ? No landlord upkeep + Triple Net Lease Structure: Tenant pays all outgoings including Land Tax and management fees + Ground Lease: Tenant is responsible for all site maintenance and repairs to a capital and structural nature + Important two street frontages, highly convenient access for trucks and heavy vehicles + Guaranteed rental growth, minimum compounding 2.5% annual rent increases + Tenant responsible for site remediation + Hemmant: City of Brisbane suburb, ideally located between the CBD and the Port of Brisbane. The perfect location for an Unmanned 24hr Diesel facility with approximately 25% of the traffic being trucks or heavy vehicles. Brisbane?s population is over 2,400,000 and forecast to rapidly increase to 3,180,000 by 2031 + Net Income: $130,000 pa + GST Auction: 10.30 am AEDT, Wednesday 9 December 2020 Venue: Crown Casino, Melbourne (interstate bidding options available on the day) This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.