Prime Corner Convenience Centre | Drive-thru Red Rooster & Subway

Description

Burgess Rawson is pleased to offer to the market, 23 Leichhardt Street, Bowen (Whitsundays) for sale via our Auction Investment Portfolio 155.

This investment has the following key investment highlights:

+ Red Rooster drive-thru: 7+7 year lease to 2035
+ Subway: 7+7+7+7 year lease to 2047
+ Additional leases to established hairdresser and tobacconist
+ Annual CPI and 3.5% rent increases
+ High profile 1,162sqm* corner site, with triple retail exposure and frontage totalling 98 metres*
+ Well maintained centre with ample on-site parking
+ Bowen: major agricultural and tourism area, top of the Whitsundays and 40 minutes north of Airlie Beach
+ Net Income: $153,582 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Friday 16 September 2022
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

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Contact agents
Neville Smith Partner
0400 068 205
Glenn Conridge Consultant
0413 873 337
Enquiry Form

Bowen, QLD

23 Leichhardt Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 155

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