Entry Level Liquorland Investment
69 Railway Avenue , Townsville City QLD
Property Highlights
Description
15 year lease to 2021 plus options to 2046.
Guaranteed rental growth – Annual fixed 4% increases.
Liquorland: A growing subsidiary of Coles Group Limited $39.2 billion FY17 revenue including sales from 894 liquor stores.
Tenant pays all usual outgoings.
High profile corner site of 506 sqm.
45m of combined retail frontage plus important dual street access points.
Modern freestanding retail building with on-site car parking.
Metropolitan Townsville location 2km south of the CBD.
Townsville: the capital city of Far North Queensland with a growing population of 190,000+ forecast to grow to 300,000+ by 2036.
Net Rent: $57,632 pa
Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne
Property Details