Ultra Rare Ground Lease to Multinational Retail Giant

Burgess Rawson is pleased to offer to the market, 105 Gill Street, Charters Towers QLD for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ Renewed five (5) year ground lease to EG Fuelco to 2027, plus three (3) x five (5) year options to 2042
+ EG Group: multinational fuel and convenience retailer with $32.4 billion annual revenue and 6,000+ locations globally
+ High profile 908sqm* CBD corner site with 58.5m* of direct frontage to Gill Street and dual street access via Church Street
+ Landlord friendly ground lease – EG Group pay all outgoings as per lease
+ Easily managed, zero landlord repair and maintenance obligations
+ Favourable CPI rent reviews (last review 7.3%)
+ Charters Towers: 136km south west of Townsville and a logistical hub of North Queensland, where the Flinders Highway and Gregory Development Roads intersect
+ Net Income: $95,133 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane

*approx.