Securely leased to Liquorland, wholly owned by Coles/Wesfarmers.
15 year lease terms to 2021 plus options.
Annual fixed 4% rent increases.
Townsville and Cairns are both experiencing high population growth.
Strategically located sites include: - Liquorland, Railway Estate, Townsville QLD - Liquorland, Belgian Gardens, Townsville QLD - Liqourland, Brinsmead, Cairns QLD - Liquorland, Mount Sheridan, Cairns QLD - Liquorland, Edge Hill, Cairns QLD - Liquorland, Manunda, Cairns QLD - Liquorland
To Be Sold Individually
Located 20km* north of Cairns CBD and 8km south of Palm Cove.
Kewarra Beach: Northern Beach tourist location, 15 minutes from Cairns International Airport.
Well maintained 118 sqm retail shop forming part of the Kewarra Village Shopping Centre with complementary tenancies including Supermarket, Medical Centre and take away outlets.
Annual fixed 4% rent increases.
Rent: $49,268 pa.
11am AEDT Wednesday 10 December 2014.
River Room Crown Casino, Melbourne.
Disclaimer
The information provided and views expressed in this document by Ray White and Burgess Rawson ("Information") whether such Information be provided by the principal or any other third party on behalf of the principal are of a general nature and are not intended to address the circumstances of any particular individual or entity. Ray White and Burgess Rawson nor any third party provider do not guarantee that the Information is accurate at the date it is received or that it will continue to be accurate in the future. Ray White and Burgess Rawson do not accept any legal liability or responsibility for any costs, loss or damage incurred by the use of, or reliance on, or interpretation of the Information.
Specifically we make the following disclosures:
* All areas, measurements, boundaries, car space numbers and rents are approximate only and subject to final confirmation;
a. The indicative depreciation schedules have been provided by Napier & Blakeley and are estimates only and cannot be used for tax purposes;
b. Non recoverable Land Tax amounts used to calculate net rents are current and future fluctuations cannot be calculated.
Prospective purchasers are advised to seek legal, financial and other appropriate expert advice and not rely upon the stated estimates.
