Corner Teviot Road & Cusack Lane, Flagstone(A141)

+ Near New 12 Year Lease to 2030 plus Options to 2050 + 7- Eleven: Australia?s #1 Convenience Retailer with 700 + Locations & 38 % Market Share + Greater Flagstone population forecast for unprecedented growth from 5,902 to 120,000. Expect major developments include - 50,000 dwellings plus major commercial and education precincts + Attractive net lease with fixed, compounding 3.5% annual rent increases + As new improvements built 2018 , significant depreciation benefits ? estimated 74% of first years rent is income tax free + Development Upside: High Profile 1.92 ha corner site with major exposure to arterial intersection ? potential for future Fast Food, Childcare, Supermarket, Retail, Residential developments (STCA) + Tenant pays all usual outgoings as per the lease ? excluding land tax + Located on the central intersection of Cusack Lane (major arterial to Gold Coast) and Teviot Road (major arterial to Brisbane) + Only 1.5km to Flagstone Central ? anchored by Woolworths, and only 3km to Flagstone?s fast emerging CBD. + Net Income : $290,867.00 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.