Burgess Rawson is pleased to offer to the market 48 Mosman Street, Charters Towers City QLD for sale via Offers to Purchase.

The opportunity has the following key investment highlights:

+ Dual tenanted investment leased to Uniting Church of Australia (t/a Lifeline) & Oceanic Square Pty Ltd (t/a Overflow)
+ Anchored by a five (5) year lease to Overflow to September 2026 plus options to 2031
+ Overflow: part of the Prices Plus group operating 25+ discount department stores throughout Queensland and New South Wales
+ Supported by a three (3) year head office lease to Lifeline until December 2025
+ Uniting Care (Lifeline): leading provider of social services throughout Australia, supporting 1.4 million people annually with $1.7 billion of revenue reinvested into the community and $2.3 billion in total assets owned
+ Highly sought-after 2,252sqm* site positioned in the heart of the Charters Towers CBD
+ Purpose built 1,100sqm* showroom for Overflow circa 1999
+ Fixed 3% increases across both tenancies, ensuring long term rental growth
+ Low maintenance block construction complex
+ Adjoining 3,643sqm* developable land parcel also available for consideration
+ Located 136km* north-west of Townsville, Charters Towers offers a rich history with an economy underpinned by agriculture, mining and tourism
+ Net Income: $159,300 pa* + GST

For sale via Offers to Purchase.

Please contact the exclusively appointed sales team for more information.

*Approx.