Deagon
Located at 11 Depot Road, Deagon, large multi-national brands, 7-Eleven and Hungry Jacks add an extra level of value to the property as anchor tenants.
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The Opportunity
11 Depot Road, Deagon, approximately 16 radial kilometres north of the Brisbane CBD and situated on 5,555 square metres the property is fully leased to a 7-Eleven service station, Deagon Car & Dogwash and a former Donut King drive thru. An Agreement for Lease is in place with Hungry Jacks who will refurbish the former Donut King drive-thru to create a new Hungry Jacks restaurant and drive-thru with a 13 year initial lease term.
Deagon is an established suburb in close proximity to the Gateway Motorway, a major arterial road connecting Brisbane City, the Gold Coast and Sunshine Coast, exposed to over 1,000,000 vehicles per year.
The Queensland Government are currently undertaking the Gateway Upgrade North project which has resulted in significant change to the accesses to the property. The old Sandgate Road northbound on-ramp has recently been closed permanently and motorists wishing to access the Gateway Motorway to
The Queensland Government are currently undertaking the Gateway Upgrade North project which has resulted in significant change to the accesses to the property. The old Sandgate Road northbound on-ramp has recently been closed permanently and motorists wishing to access the Gateway Motorway to
travel northbound are now directed passed the property on Depot Road. The Gateway Upgrade North project also includes improvements to Depot Road including the previous access point to the property has recently been relocated to the north along Depot Road, providing better access and egress into the site.
The property has good frontage to Depot Road and Sandgate State High School and residential dwellings are situated on the opposite side of the property across Depot Road.
The property has good frontage to Depot Road and Sandgate State High School and residential dwellings are situated on the opposite side of the property across Depot Road.
With over 45,000 people living within 3km the site, over 60% travel to work by car. There are high employment rates in the catchment area, with 87% employed either full or part-time, and over 25% in trade and labouring roles.
Invest Now
Invest Now
Over 45,000 residents* within 3km 62% travel to work by car
*2016 ABS Census Data
New 13 year lease
to Hungry Jacks
Established tenants
7-Eleven & Car Wash
5 year fund with estimated 9.2% I.R.R per annum
Monthly distributions estimated at 8%* p.a.
*average over the term of the fund
