Burgess Rawson is pleased to offer to the market 14 Discovery Lane, Mount Pleasant (Townsville) for sale via Offers to Purchase.
The property has the following investment highlights:
+ Long established national tenants including Choices Flooring, Choices Tiles, First National Real Estate and L'Amour Home Furniture
+ Mostly 5 + 5 year leases
+ Fixed 3.5% annual rent increases
+ Building area: 1,290sqm* plus a 49sqm* storage shed
+ DA approval for two extensions offering an additional 1,077sqm* of lettable area
+ Prominent 5,790sqm* corner site
+ Modern showroom complex with substantial on-site parking
+ Opposite Harvey Norman complex, McDonald's and other national retailers
+ Over 30,000 vehicles passing daily
+ Mackay: one of Queensland's fastest growing coastal cities and home to over 177,000 residents
+ Net Income: $221,797 pa* + GST
To be sold by Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
