New Leases – IGA and Chemist Warehouse

3 william dean avenue, urangan qld

Price: $4,300,000

  • 10 Year IGA Lease to 2027
  • New Lease to Chemist Warehouse
  • Fully Leased - Excellent Tenant Mix

Property Details

Chemist Warehouse lease renewed in advance, new 3 year lease from August 2019 with options to August 2025
Fully leased retail anchored by IGA
and Chemist Warehouse with 4 other tenants incl. The Bottle-O Liquor Store, Medical Centre, Dentist and Hairdresser
Recently renewed 10 year lease to IGA expiring June 2027
Multi-tenanted investment
Key corner site at the only entrance to the Hervey Bay Airport and Industrial Park with 3 street frontages
Only ten minutes drive to Hervey Bay Boat Harbour and strategically positioned on Booral Road, a main arterial and frequently used route which intersects with Maryborough Hervey Bay Road
Excellent delivery access to rear loading bays
Substantial on-grade lined car parking
Adjoins BP Service Station
Qld Government population projections estimate the Fraser Coast region’s population will grow from 101,504 (2016 Census) to a projected 164,143 by 2031

Net Income: $309,898 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 1500 sqm
Land Size 5,823 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000587

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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