Freedom service station site near Brisbane sold for $4.49 million

Freedom service station site near Brisbane sold for $4.49 million
Freedom service station site near Brisbane sold for $4.49 million

A service station and car wash in Marsden, south of Brisbane, has been sold for $4.49 million to a Melbourne-based investor through Ray White Commercial.

The Freedom Service Station site at 502 Browns Plains Road is leased for $313,000 per annum, and the yield worked out to almost 7 per cent.

It was sold through an offer to purchase campaign and the deal was struck by Tony Grbcic of Ray White Commercial.

“The location was seen as a big attraction to many buyers as well as the fact it is next door to a recently developed Woolworths supermarket,” Grbcic said.

The service station is on a land area of 7,181 sqm with frontage to Browns Plans Road.

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Brisbane Service Station

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