Brand new 7+7+7+7 year Lease to blue chip tenant, Home Timber and Hardware (HTH Pty Ltd), 67% owned by Woolworths and 33% by Lowes (USA).
Large 7,163m2* corner site with easy access and drive through facility.
Two major buildings of 2,574m2* recently refitted internally to Home Timber and Hardware corporate standard and currently being rebranded externally.
Long established and proven hardware business.
Busy location opposite Chemist Warehouse and the Comfort Inn Airport Hotel, nearby Kennards Hire and other majors.
Home Timber & Hardware: Long established and growing network of over 240 stores across Australia.
Rents reviewed annually to CPI capped at 3.5%, with market reviews capped and collared at 10% at commencement of option periods.
Attractive net Lease structure with tenant responsible for Rates, Taxes, Building Insurance, Repairs and Maintenance.
Commencing Net Rent: $255,000 p.a.
Queanbeyan: Located 15kms from Australia’s capital city Canberra – Population 37,991 (2011 census)