Long 7 year net leases commenced 2015/16 plus options.
National occupants BCF and Ultra Tune on renewed leases.
Expansive highway frontage of 60 metres.
Massive customer draw power, being adjacent to long established and successful Bunnings.
Excellent on-title parking for 72 cars.
Other iconic retailers nearby including McDonald’s and BP.
Net leases; tenants pay outgoings as per leases.
Attractive 4% and CPI annual rent increases.
Large 12,450 sqm site including surplus land of 7,668 sqm suitable for further development.
Geraldton, Coastal port city and administrative & retail headquarters for the Mid West Region, population 40,000.
Easily managed investment with future value upside.
Net Income: $245,501 pa + GST.