Blue Chip Retail Investment in World Renowned Tourist Mecca
350 Shute Harbour Road , Airlie Beach QLD
Property Highlights
Tourist Mecca
Largest global retailer
Securely leased
Description
Factorie, integral brand of the Cotton On Group – Australia’s largest global retailer boasting over 1,500 stores in 19 countries
Brilliant main street location in shopping & entertainment precinct with NAB, McDonald’s, Woolworths & large council carpark nearby
Airlie Beach, heart of the Whitsundays, a world renowned tourist Mecca attracting 720,000 visitors annually and growing
Established tenant in this location since 2010
Renewed 6 year lease to 2022
Net lease, tenant pays outgoings, incl. management fees, as per lease
Net Income: $77,843 pa + GST
Deadline Private Treaty
Offers Closing 4pm AEST Thursday 4 June (Unless Sold Prior)
Indicative Price: $1,100,000 (7.00% Yield)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
139 SQM
Building Area
139 SQM