Long Established Hardware Business – 110 Years. Secure Lease to ASX Limited Subsidiary – Metcash.
49 McDowall Street, Roma QLD
Property Highlights
Long established hardware business
Secure lease to Metcash subsidiary
Highly exposed main road site
Description
Secure 10 year lease to 2023.
Thriving business in occupation for 110 years.
Roma Hardware Pty Ltd – A Wholly owned subsidiary of Mitre 10 – 100% owned by ASX listed Metcash.
Highly exposed main road site with 3 street frontages.
Modern 3,225 sqm building including main warehouse, drive thru timber yard and 65 on-site car spaces.
Imposing 7,098 sqm site in the centre of Roma and close to IGA, Woolworths and other national tenants.
Tenant responsible for 100% of outgoings including land tax.
Roma: thriving service centre for South West Queensland and home to the Southern Hemisphere’s largest weekly cattle auctions.
Annual rental increases providing sustained growth.
Net Income: $515,225 pa
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
7,098 SQM
Building Area
3,225 SQM