Yamanto Village comprises a prime retail complex anchored by a Caltex Service Station and includes 3 drive-thru fast food tenants, Zarraffa's, Zambrero and Subway, plus a complementary mix of national and brand tenants including Anytime Fitness, Noodle Box and Getta Burger.
Key attributes include:
- 15 Year Anchor Tenant Net Lease - Caltex Australia (ASX:CTX) is secured by a rare 15-year Net Lease (Caltex pays all outgoings including land tax)
- National & Brand Tenant Mix - Over 65%* of the fully leased Gross Income is secured by national and brand tenants including Zarraffa’s, Zambrero, Subway
- Guaranteed Income Growth - Most tenants are secured on net leases, with all featuring annual review mechanisms between 3% and 4%
- Long Lease Expiry Profile - Yamanto Village features a long Weighted Average Lease Expiry (WALE) of 8.8* years, with all lease terms ranging from 7 to 15 years
- High Growth Location - Positioned in one of Qld’s fastest growth residential corridors with a forecast of 7.2%* annual population growth & close to Amberley RAAF Base which employs 7,000* people
- Tax Effective Income with High Depreciation Benefits - Developed in 2016* with significant depreciation & valuable tax benefits
- Fully Leased Net Income — $1,175,896*pa
For Sale by Expressions of Interest closing 4pm (QLD time) Thursday 8 November 2018
*Approx.