Trophy CBD Automotive Investment | Anchored by Bridgestone
226 Victoria Street , Mackay QLD
Property Highlights
Description
Burgess Rawson is pleased to offer to the market, 226 Victoria Street, Mackay for sale via our Auction Investment Portfolio155.
The property has the following investment highlights:
+ Anchored by a new 5 year net lease to Bridgestone to 2027 plus three further five year options to 2042
+ Bridgestone: Australia’s largest tyre retailer with 339 stores nationally and a market cap of AUD $30 billion
+ Supported by a secure 3 year lease to Dance Avenue plus options to 2027
+ Dance Avenue: Mackay’s premier dance studio with an outstanding reputation in the Mackay region
+ Multi-tenanted income stream from long term tenants
+ High exposure 1,256sqm* site with dual street frontage
+ Located in the heart of the Mackay CBD meters from the Caneland Central Shopping Centre, anchored by Woolworths, Coles, BIG W, Myer and Target and 200+ specialty retailers
+ Outstanding Rent Reviews: annual CPI rent reviews across both tenancies
+ Mackay: one of Queensland’s fastest growing coastal regions and home to over 177,000 residents
+ Net Income: $112,399 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Friday 16 September 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
***GapMaps
**** Mackay Airport
*****Mackay Regional Council
Property Details