Proven Stand Alone Fast Food with Popular Drive Thru Plus Value Add Surplus Land
150-152 Main Street, Proserpine QLD
Property Highlights
Description
Seven (7) year lease to 2020 plus ongoing options through to 2041
Prime gateway location with important exposure to Bruce Hwy – over 5,000 vehicles passing per day
Parent company lease: Subway brand is the world’s largest sandwich restaurant chain with over 44,000 stores worldwide
Land area comprises 1,849 sqm which includes 902sqm approx. surplus land for further development or subdivision (STCA)
Retail frontage and exposure of 40.23 metres
22 on-site car spaces
Annual rent reviews
Proserpine: Home to recently upgraded Whitsunday Coast Airport, 450,000+ passengers annually, Australia’s sugar capital, gateway to the Great Barrier Reef and commercial centre of the Whitsunday Region, trade catchment circa 34,000
Net Income: $106,736 pa + GST
For Sale via Auction to be held from 11am AEDT on 24 October 2018
River Room, Crown Casino Melbourne
Property Details