Property Details

15 Millaroo Drive HELENSVALE, QLD 4212

For Sale POA
Retail
Description

NEW 15 YEAR LEASE - BOOMING GOLD COAST LOCATION

Retail - HELENSVALE QLD

PRIME POSITION NEXT TO WESTFIELD – 8.2 MILLION CUSTOMERS ANNUALLY

• Brand new 15 year lease to 2032 plus options to 2047
• Leased to Liberty: 50% owned by VIVA Energy
• VIVA Energy: the exclusive Shell licensee in Australia with a network of 1,000+ retail outlets. Substantially owned by Vitol, a multinational energy & commodities giant with turnover of $152 billion (2016)
• Annual CPI reviews / Tenant pays usual outgoings
• High profile 1,527m2 (approx.) site with 100m (approx.) of combined frontage
• Prime location opposite Helensvale Westfield anchored by Woolworths, Coles, ALDI, Target, Kmart plus 45 specialty shops and 2,000 car spaces
• Significant taxation depreciation benefits
• Gold Coast: Australia’s largest tourist hub with a booming population expected to grow to 820,000 by 2037 and home to the 2018 Commonwealth Games
• Rent: $292,239 p.a.

AUCTION: Wednesday 28th March 2018 at 11am (AEDT) | River Room, Crown Casino, Melbourne

In conjunction with Burgess Rawson

Property Features
  • Retail
  • Floor Area is 1527.00 m²