Renewed 5 Year Lease to 2026 plus Option to 2031

Description

+ Renewed 5 year lease to June 2026, plus option to 2031
+ Net lease with tenant paying usual outgoings
+ Liquorland Hotel Group wholly owned subsidiary of Coles Group Limited market cap $23.98b
+ Fixed 4% annual rent increases
+ Proven 242 sqm premises, amongst NightOwl, Australia Post, Pharmacy, Bakery, Medical Centre, Dentist, LJ Hooker and Ray White etc
+ Trinity Beach has prominence as one of the most exclusive suburbs on the Cairns northern beaches Coral Coast. Trinity Beach is a family friendly beach with year round safe swimming just 10 minutes’ drive north of the Cairns City CBD.
+ Trinity Beach is one of the favoured Cairns beaches amongst locals with an exclusive precinct of prestige seaside residences, restaurants, cafes and retail shopping.
+ Net Income: $93,667 pa (July 2021)

For Sale by Private Treaty

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Contact agents
Raoul Holderhead Senior Director
0413 860 304
Matthew Wright Senior Director
0458 290 588
Glenn Conridge Consultant
0413 873 337
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Trinity Beach, QLD

5-9 Rabaul Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 142

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