Trophy Whitsunday Retail Investment | Prime Waterfront Location

33 Port Drive , Airlie Beach QLD

Property Highlights

1,719sqm* NLA tenancies
Diverse income stream
Major QLD tourism destination

Description

Burgess Rawson is pleased to offer to the market 33 Port Drive, Airlie Beach QLD for sale via Expressions of Interest closing Tuesday 16 April 2024 at 3pm AEST (if not sold prior).

This opportunity has the following key investment highlights:

+ Diverse income stream and strong tenancy mix including leading national retailers Billabong and Seafolly supported by established restaurant and tourism services
+ High end 1,719sqm* NLA ground floor retail tenancies strategically located within The Boathouse Apartments – 70 Luxury 2 & 3 bedroom apartments
+ Prime waterfront location overlooking the Port of Airlie Marina – 156 Wet Berths
+ Established tenancy profile providing a 4.23 year WALE
+ Investor friendly mix of fixed and favourable CPI annual reviews
+ Airlie Beach: major QLD tourism precinct the gateway and mainland hub of the famous Whitsunday Islands with over 1 million annual visitors
+ Whitsunday Region: significant growth corridor of North Queensland, with a resident population forecast to grow at an average annual rate of 2.3%
+ Net Income: $841,597 pa* + GST

For Sale via Expressions of Interest Closing 3:00pm AEST Tuesday 16 April 2024.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
4,881 SQM
Building Area
1,719 SQM

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