New 10 Year Lease + Options to 2039 – National Pet Sales Retailer

1/312 Alice Street, Maryborough QLD

Property Highlights

New 10 Year Company Lease
Annual 3.5% Rent Reviews
High Profile Position

Description

– Pets Domain are a national retailer of pet products with 35 stores nationally
– 10 year Company Lease to December 2029
– 2 x 5 year options to December 2039
– Situated in thriving retail hub opposite KFC, Station Square Shopping Centre with Coles, Big W and Best & Less
– Tenant pays all outgoings as per the lease
– Attractive 3.5% fixed rent increases
– Modern 506 sqm building with brand new fit-out in December 2019
– On-grade parking with access to rear.
– High clearance roller door to the rear for stock access and storage area
– Prime corner position, adjoining Autobarn, with main road frontage
– Net Income: $99,424 pa + GST (as at Dec. 2020)

Auction: Tuesday 27 October 2020
Venue: Sydney CBD Venue

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
506 SQM
Building Area
506 SQM

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