Prime Cafe/Restaurant Investment – Multi-National Hotel Group Guaranteed Lease

Lot 98/55 River Street, Mackay QLD


7 year lease until September 2021 + options to 2039
Prime corner exposure within The Oaks Rivermarque Mackay Hotel
Guaranteed by Oaks Australia with a 25 year lease including options
Oaks Hotels and Resorts is one of Australasia’s largest apartment providers, managing a portfolio across five countries including Australia, New Zealand, Thailand, the United Arab Emirates and India
Building area 169 sqm
1 car parking space under 25 year license agreement
Tenants pays all outgoings, as per lease
Annual CPI rent reviews
Net Income: $72,000 pa + GST

For Sale via Offers to Purchase

Property Details

Current Tenant
Occupancy Type
Land Size
169 SQM
Gross Building Area
169 SQM

Contact Agents

Glenn Conridge

0413 873 337

Rhys Parker

0451 101 042

Request Information

Stay up to date with our latest portfolio auctions & insights