Thriving Retail Investment. Prime Highway Corner Location.
Lot 2/1-27 Pacific Highway, Grafton NSW
Property Highlights
Description
15 year lease to March 2022 with 3 x 5 year options to 2037.
Subway Head office lease – world’s largest sandwich restaurant chain with 44,000 stores worldwide.
Rare 4% fixed annual rent increases.
Highly frequented destination adjoining Hungry Jack’s and Supercheap Auto.
Landmark Pacific Highway location, capturing traffic flow from all directions and a popular stop off point between Brisbane and Sydney.
Highly visible 212 sqm store including dedicated outdoor dining area.
Convenient onsite parking and access/egress from site.
Sought after retail location close to McDonald’s, Bunnings, BCF, Caltex, BP, Red Rooster and Bridgestone.
Grafton/Clarence Valley – 51,000 population and administration/commercial hub of Northern NSW.
Estimated Net Income: $46,000 pa + GST (increasing to $48,000 in March 2018).
Property Details