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Secure 15 Year Lease to Woolworths – Prime Location in Coastal Tourist Mecca

52 Boat Harbour Drive , Pialba QLD

Property Highlights

15 year lease to 2030
Options to 2050
Significant landholding of 3,511 sqm

Description

15 year lease to Woolworths to 2030 plus options to 2050
Annual rent reviews
As new improvements include 80 sqm convenience store, 385 sqm canopy, five starter-gate bowser islands – constructed 2012
Significant landholding of 3,511 sqm with 41 metre frontage to Boat Harbour Drive – 18,000+ vehicles passing daily
Prime location amongst Stockland Shopping Centre ($115m redevelopment in 2013), Coles, Kmart etc, plus Bunnings & fast food
Hervey Bay/Fraser Coast Region: Whale watching capital of the world and one of QLD’s fastest growing areas with forecast population growth of 38% to 144,835 by 2036
Rent: $135,895 pa approx. (June 2017 – assume CPI 1.25%)

Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
3,511 SQM
Building Area
80 SQM

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