Entry Level Tyre & Auto Investment | Head Office Lease to Bridgestone

1 Curry Road , Healy QLD

Property Highlights

Tenant pays all outgoings as per lease
CPI annual reviews
Expansive 5,583sqm* corner site
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Description

Burgess Rawson & Jays Real Estate are pleased to offer to the market the Bridgestone located at 1 Curry Road, Mt Isa QLD for sale via our Investment Portfolio Auction 167.

This opportunity has the following key investment highlights:

+ Renewed five (5) year head office, net lease to Bridgestone until 2027 plus option to 2032
+ Bridgestone: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
+ Expansive 5,583sqm* corner landholding with favourable industrial development zoning
+ 720sqm* workshop equipped for heavy vehicles, trucks and buses
+ Landlord friendly annual CPI reviews
+ Tenant pays all outgoings as per the lease
+ Highly desirable entry level freestanding tyre and auto investment
+ Mount Isa Regional Council: the largest economic, logistics and service centre of Northern Australia with a Gross Regional Product (GDP) of $1.82 billion
+ Estimated Net Income: $69,291 pa* + GST (as at 30 April 2024)

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

Please contact the exclusively appointed team for more information.

*Approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Automotive
Land Size
5,583 SQM
Building Area
720 SQM

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