Renewed 5 Year Lease to 2026 plus Option to 2031
7/5-9 Rabaul Street, Trinity Beach QLD
+ Renewed 5 year lease to June 2026, plus option to 2031
+ Net lease with tenant paying usual outgoings
+ Liquorland Hotel Group wholly owned subsidiary of Coles Group Limited market cap $23.98b
+ Fixed 4% annual rent increases
+ Proven 242 sqm premises, amongst NightOwl, Australia Post, Pharmacy, Bakery, Medical Centre, Dentist, LJ Hooker and Ray White etc
+ Trinity Beach has prominence as one of the most exclusive suburbs on the Cairns northern beaches Coral Coast. Trinity Beach is a family friendly beach with year round safe swimming just 10 minutes’ drive north of the Cairns City CBD.
+ Trinity Beach is one of the favoured Cairns beaches amongst locals with an exclusive precinct of prestige seaside residences, restaurants, cafes and retail shopping.
+ Net Income: $93,667 pa (July 2021)
For Sale by Private Treaty