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427 Moggill Road,
Indooroopilly 4068, Queensland
Price withheld
Property details
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Agents
Blue Chip Investment Underwritten by International Tenant
Investment Description
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This quality single-tenant investment is leased to Freedom Fuels, acquired 100% in December 2012 by Idemitsu Kosan Co-a publicly listed company on the Japanese stock exchange.
Idemitsu has an issued capital of $178 billion. As a very Substantial Listed Company, Idemitsu Kosan Co provides a very strong lease covenant and a very reliable rental income.
Key Demographic Features:
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• Massive 29,800 vehicles per day; or 10.87 million vehicles per annum
• Median Property Price Indooroopilly: Houses: $1,650,000 - Apartments: $780,000
• Population within 10 minute drive: 171,773 residents
• Median Household Income: $128,615 (v $102,179 QLD).
Key Investment Features:
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• Annual Rental Increases: Lesser of CPI or 4%
• Lease Details: 10 year initial term + 5 year option
• Current Lease expiry: June 2032 (inc options)
• Lease Type: Head office Lease to Listed Company
• Current Net Rent: $339,000 approx
For further information, please contact Stephen Kidd today on 0413 550 474
_____________________________
This quality single-tenant investment is leased to Freedom Fuels, acquired 100% in December 2012 by Idemitsu Kosan Co-a publicly listed company on the Japanese stock exchange.
Idemitsu has an issued capital of $178 billion. As a very Substantial Listed Company, Idemitsu Kosan Co provides a very strong lease covenant and a very reliable rental income.
Key Demographic Features:
_____________________________
• Massive 29,800 vehicles per day; or 10.87 million vehicles per annum
• Median Property Price Indooroopilly: Houses: $1,650,000 - Apartments: $780,000
• Population within 10 minute drive: 171,773 residents
• Median Household Income: $128,615 (v $102,179 QLD).
Key Investment Features:
_____________________________
• Annual Rental Increases: Lesser of CPI or 4%
• Lease Details: 10 year initial term + 5 year option
• Current Lease expiry: June 2032 (inc options)
• Lease Type: Head office Lease to Listed Company
• Current Net Rent: $339,000 approx
For further information, please contact Stephen Kidd today on 0413 550 474
Explore the area
School catchments
- Indooroopilly State School Primary Prep-6 Government 0.27km
- Ambrose Treacy College Combined 4-12 Catholic 1.1km
- Holy Family Primary School Primary Prep-6 Catholic 1.2km
- Brigidine College Combined 5-12 Catholic 1.3km
- Indooroopilly State High School Secondary 7-12 Government 1.7km
- St Peters Lutheran College Combined Prep-12 Independent 1.7km
- Queensland Academy for Science Mathematics and Technology Secondary 7-12 Government 1.8km
- Milpera State High School Secondary 7-12 Government 1.9km
- Chapel Hill State School Primary Prep-6 Government 2.3km
- Graceville State School Primary Prep-6 Government 2.4km
- St Ignatius School Primary Prep-6 Catholic 2.4km
- Brisbane Boys' College Combined Prep-12 Independent 2.4km
- Christ the King School Primary Prep-6 Catholic 2.5km
- Ironside State School Primary Prep-6 Government 2.8km
- Toowong State School Primary Prep-6 Government 2.8km
- Omni Academies of Learning Secondary 7-9 Independent 2.9km
- Kenmore State School Primary Prep-6 Government 3.1km
- Fig Tree Pocket State School Primary Prep-6 Government 3.1km
- Kenmore South State School Primary Prep-6 Government 3.2km
- Stuartholme School Combined 5-12 Catholic 3.3km
- Brisbane Montessori School Combined Prep-10 Independent 3.6km
- Kenmore State High School Secondary 7-12 Government 3.9km
- Arethusa College - West End Campus Secondary Independent 4.5km
- St Aidan's Anglican Girls School Combined Prep-12 Independent 4.6km
- Hubbard's School Secondary 11-12 Independent 4.9km
- Hubbard's School Secondary Independent 4.9km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Floorplan
Contact Stephen Kidd
Contact Stephen Kidd
Stephen Kidd
427 Moggill Road, Indooroopilly QLD 4068
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Stephen Kidd
427 Moggill Road, Indooroopilly QLD 4068