High Profile CBD Retail Building 7 Year Lease Plus Options to 2033

92 east street, rockhampton city qld

Price on Request

  • Attractive 3% annual rent reviews
  • Heart of Rockhampton City centre
  • Tenant pays outgoings as per lease

Property Details

Substantial CBD building leased to “Shop $mart” - owned by established family operators since 1960, with 6 other retail outlets in Rockhampton and Emerald
7 year lease 2023 plus options to 2033
Significant 1,290 sqm site in the heart of the city
Prominent building - total NLA of 2,112 sqm
Tenant pays all outgoings as per the lease
Attractive 3% annual rent increases
Prime main street position neighbouring Rivers, Chemist Warehouse and other national retailers
Diagonally opposite proposed new 'Art Gallery' project
Rockhampton: administrative & commercial centre of Central Queensland
Beef Capital of Australia with growing population in excess of 100,000
Net Income: $198,600 pa + GST

Auction: 11am AEDT, Tuesday 23 October 2018
Doltone House, Hyde Park, 181 Elizabeth Street, Sydney

Featured Details

Current Tenant Tenanted
Gross Building Area 2112 sqm
Land Size 1,290 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000565

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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