Entry Level Multi Tenanted Investment | Brand New 3 Year Leases + Options

Description

Burgess Rawson is pleased to offer to market the 31 Berserker Street, Berserker (Rockhampton) QLD 4701 for sale via our Investment Portfolio Auction 173.

The property has the following investment highlights:

+ Anchored by a brand new three (3) year lease to long-term retailer to 2027 plus one (1) further three (3) year option to 2030
+ Leanne’s Fish & Chips: long-standing Rockhampton fish and chip performer, successfully in operation for 20+ years
+ Supported by a brand new three (3) year lease to Capricornia Remedial Massage to 2027 plus two (2) further three (3) year options to 2033
+ Landlord desirable CPI increases
+ Extremely well-presented and maintained 211sqm* building with ample on-site and street parking available ensuring ease of access
+ High exposure 1,052sqm* site with 30m+ frontage* to Berserker Street and direct access to Lakes Creek Road – 17,500+ vehicles passing daily*
+ Strategically positioned within 2km* of Stockland Rockhampton Shopping Centre, anchored by Coles, Woolworths, Kmart, Big W & 150+ specialty stores
+ Versatile site with full drive around capabilities allowing for a multitude of future development opportunities (STCA)
+ Centrally located in the thriving Berserker catchment – a major residential growth corridor with 50,000+ residents located within a 5km* radius and a 24.6% increase in house prices in the past 12 months*
+ Rockhampton Region: logistics hub of Central Queensland, known for its diverse economy, underpinned by resource and agricultural industries with a population forecast to exceed 100,000 by 2041
+ Net Income: $50,471 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 12 December 2024
The Hilton, Brisbane

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

*Approx.

Enquire

Contact agents
Michael Hooper Sales Executive
0488 332 682
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Berserker, QLD

31 Berserker Street

For Sale by Portfolio Auction
Thursday 12th December 10:30AM The Hilton, Brisbane

This property is part of Portfolio 173

Price: Contact Agent

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