Highway Retail Centre Anchored by Domino’s
37 Warrego Highway, Chinchilla QLD
Property Highlights
Description
Burgess Rawson is pleased to offer to the market 37 Warrego Highway, Chinchilla QLD for sale via Offers to Purchase.
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 via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property Details