Recently Renewed Lease to Queensland Government | Options to 2032

Description

Burgess Rawson is pleased to offer to the market 180 Haly Street, Kingaroy for sale via our Investment Auction Portfolio 169.

This opportunity has the following key investment highlights:

+ Fully leased modern CBD building with desired social infrastructure tenant
+ 86% of income underpinned by recently renewed 5 year lease to QLD Government to 2028 with options to 2032
+ Supported by long-term retail tenant – Healthy Noodle, on-site since 2009
+ Fixed 3% & CPI reviews
+ Expansive 1,838sqm* site purpose built for the Queensland Government in 2009
+ Impressive 681sqm office & retail building with 10 secure undercover car parks
+ Conveniently located with 20m* frontage to Haly Street, linking the D’Aguilar Highway with the Bunya Highway and connecting the South Burnett Region with exposure to 8,500+ vehicles daily*
+ Strategically positioned within 300m* of national retailers Australia Post, Woolworths, McDonald’s, KFC, Hungry Jack’s, Subway, Repco, Supercheap and Big W
+ South Burnett Region: a key growth corridor of Queensland with a diversified economy, boasting a GRP of $2.11 billion
+ Kingaroy: robust commercial hub, 155km* from Brisbane with estimated 32,555* trade catchment and known as the Peanut Capital of Australia
+ Net Income: $225,702 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 June 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

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Contact agents
Craig Chapman Sales Executive
0427 110 132
Tom Lawrence Sales Executive
0428 626 117
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Kingaroy, QLD

180 Haly Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 169

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