Affordable Supermarket Investment – 8.25% Yield
36 Goldsmith Street , Mackay QLD
Property Highlights
Description
Burgess Rawson is pleased to present Foodworks located at 36 Goldsmith Street, Mackay QLD to the market For Sale : $2,235,000 (8.25%)
This opportunity has the following key investment highlights:
+ Long established freehold supermarket plus three bedroom apartment
+ 10 year net lease to 2031 plus options to 2046
+ Prime 518sqm* corner site close to CBD
+ Mackay Regional LGA: one of the fastest growing in Queensland, with a population of over 120,000
+ Tenant responsible for outgoings including management fees
+ Fixed 3% annual rent increases
+ Proven supermarket location, been a supermarket 30+ years
+ Easily managed single tenant investment
+ Net Income: $185,400 pa* + GST
For Sale: $2,235,000 (8.25%)
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property Details