Coles Express Investment - Net Lease & Fixed Rent Increases


15 year lease to 2029 plus options to 2044.
Fixed annual 3% rent increases plus ratchet provisions at options.
Tenant pays all outgoings including land tax.
Coles Express: 685 outlets across the country and subsidiary of new ASX Top 20 company Coles Group – Market cap $17b.
Strategic town centre site between Woolworths and Coles Supermarket.
Significant 2,015 sqm corner site with dual frontage totalling 89m.
Potential upside with previous Development Approval for fast food tenancy including drive-thru.
Ayr: Commercial hub of the Burdekin Delta – Australia’s largest sugar producing region.
Net Income: $324,596 pa + GST

For Sale by Private Treaty

Do you own a similar property?


Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Craig Chapman Sales Executive
0427 110 132
Glenn Conridge Consultant
0413 873 337
Enquiry Form

Ayr, QLD

130-132 Edwards Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 130

Contact agents