Brand New 10 Year Lease to Pets Domain | Building Refurbished in 2022
150 Edith Street, Innisfail QLD
Property Highlights
Description
Burgess Rawson is pleased to offer to market the Pets Domain located at 150 Edith Street, Innisfail QLD, for sale via Offers to Purchase.
The property has the following investment highlights:
+ Brand new ten (10) year lease to 2032 plus options to 2042
+ Generous annual rent increases, the greater of CPI or 3%
+ Investor preferred net lease terms with Pets Domain paying all usual outgoings as per lease
+ Pets Domain: national operator with 65 locations across eastern seaboard
+ Single tenanted, minimal management investment
+ 840sqm* building refurbished in 2022 with extensive tenant fit-out
+ Prominent 997sqm* landholding with important 7 car parks servicing the tenancy
+ Dual street frontage with electric roller door at the rear
+ Huge exposure to Bruce Highway with 13,453* vehicles passing daily
+ Perfectly situated within LFR precinct amongst Bunnings, Burson Auto, Nissan, BCF, Supercheap Auto and Repco
+ Innisfail: commercial service centre off the Cassoway Coast
+ Net Income: $108,000 pa* + GST
For Sale by Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
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