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Prime Corner Convenience Centre | Drive-thru Red Rooster & Subway

23 Leichhardt Street , Bowen QLD

Property Highlights

7 year leases to 2035 & 2047
National fast food tenants
Annual CPI and 3.5% rent increases
Register to Bid

Description

Burgess Rawson is pleased to offer to the market, 23 Leichhardt Street, Bowen (Whitsundays) for sale via our Auction Investment Portfolio 155.

This investment has the following key investment highlights:

+ Red Rooster drive-thru: 7+7 year lease to 2035
+ Subway: 7+7+7+7 year lease to 2047
+ Additional leases to established hairdresser and tobacconist
+ Annual CPI and 3.5% rent increases
+ High profile 1,162sqm* corner site, with triple retail exposure and frontage totalling 98 metres*
+ Well maintained centre with ample on-site parking
+ Bowen: major agricultural and tourism area, top of the Whitsundays and 40 minutes north of Airlie Beach
+ Net Income: $153,582 pa* + GST

For Sale 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.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,162 SQM
Building Area
0 SQM

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