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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.
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 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.
Over 45,000 residents* within 3km 62% travel to work by car
*2016 ABS Census Data
New 13 year lease
to Hungry Jacks
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