Highway Retail Centre Anchored by Domino’s
37 Warrego Highway , Chinchilla QLD
Burgess Rawson is pleased to offer to the market 37 Warrego Highway, Chinchilla QLD for sale via an Expressions of Interest Campaign as a part of our Investment Portfolio 165.
The property has the following investment highlights:
+ Anchored by a brand new ten (10) year net lease to major Domino’s franchisee to 2033 plus two (2) further five (5) year options to 2043
+ Australia’s largest pizza chain and global giant with 3,800 stores across 12 countries and a market cap of $4.71 billion AUD
+ Supported by long term net leases to established national and local tenants, providing a significant 5.38* year WALE with diversified income streams
+ High profile 1,874sqm* highway site with 36m* of direct frontage to the Warrego Highway – Queensland’s major east-west arterial motorway with exposure to 55,000 vehicles passing weekly*
+ Greater of 3% or CPI and fixed 2% & CPI annual rent reviews providing guaranteed rental growth
+ Landlord friendly long-term leases with the tenants paying all outgoings, offering a secure income
+ Surrounded by complementary national retailers and located directly opposite the Chinchilla Village Travel Centre anchored by Ampol, KFC & The Coffee Club
+ Chinchilla: commercial hub of the Western Downs Region with a combined population of over 35,000 residents
+ Net Income: $187,685 pa* + GST
For Sale by Expressions of Interest Campaign closing 3:00pm AEST Tuesday 5 December 2023.
Please contact the exclusively appointed Burgess Rawson team for more information.